WIVB-TV News4 Buffalo, NY |Federal agents raid financial firm i...

Mike Grzeskowiak wrote:

You all do not know The Gane Family like I do. I have been a close family friend for a long time, and they are honest, hardworking people. This is an obvious attempt to slander their business. I can't believe that the news would publish this rubbish without any further investigation.

Mike,
Are you serious? You cannot truly know Guy & say this. I KNOW him. None of this surprises me.

I heard Gane speak about the "MINIMUM" guaranteed 10% return with average investor returns often being higher. I heard Gane talk about investing in "start up" businesses and pie in the sky ROI's, and I held back...I have always stood by "If it seems too good to be true, it generally is".
I heard that Gane didn't pay and services were cut off....
The hardest part of the SEC Court filing is his children..a guess would be they innocently worked for their dad, he paid them out of illegal funds. They were put in jeopardy by their father, unknowingly. He has potentially tainted their future for such a small sum of money.
What about the sales force that was selling to the elderly...do they not have any culpablility? Were they earning illegal commissions? It is hard to believe they didn't know something was going on...or because they weren't licensed brokers, they aren't liable?
For the future, if investing, ask to see the licensing, check with the DOS and SEC, ask for credentials and officials ...ask questions before you invest, it will save you from unscrupulous people who's only goal is to separate you from your money!!

Yeah, he didn't pay the lawn service or cleaning ladies or anyone. When the lawn service quit, his lawn looked like a field. A stand up guy for sure..robbing people of their time, the elderly of their money. I can't help feel bad for the kids, they were innocent victims.

In the 70's, this scheme was called the pyramid scheme! It operated off the original investors money and then that investor had to bring in others to benefit. The originators of the scheme would threaten those who belonged or appeared to want to belong (if they did not perform or co-operate)....with house burnings and assaults! The company operated out of the MAIN PLACE MALL.
This scheme has been in Buffalo for years and operating while ripping off unsophisicated hard working people that always had life savings and liquid assests. It's amazing that they still lurk here attacking these sad victims with their brutal masterminds. If the Ganes are guilty..they should join the Rigas... all working off their time in nursing homes worst positions!

add me to the list of people cheated out of money

pizza delivery boy wrote:

add me to the list of people cheated out of money

How were you cheated? This would be interesting to hear, as I can only imagine the huge assets a Pizza boy would have.

Mike Grzeskowiak wrote:

<quoted text>
How were you cheated? This would be interesting to hear, as I can only imagine the huge assets a Pizza boy would have.

Only a pompous jerk (aka friend of Guy Gane) would make such a condescending comment. I delivered the pizza + wings, the Ganes took the food into the house & told me to wait, then told me they didn't have enough money to pay me. Huge house, 4 cars in the driveway, Jenna, Geoff & Guy wearing the latest clothes & Pam w/ a maid .....& they can't pay the lowly pizza boy. But, I still paid my tab when I cashed out that night, you see - my last name is not Gane. My father taught me that the most valuable thing a person will ever have is their reputation.
I still have mine.

I'm sure legal counsel signed off on these transactions

You people don't know the half of it ....

I was a vendor that was ripped off from Watermark. Guy-JR promised to pay, over and over, with his checkbook sitting on his desk... then drove off in his Mercedes.. I'm still waiting. Thanks Guy.. nice to see that Justice does get done !! Guy III... you know what dad and the rest of the criminals at watermark are up too. I know at least one person who quit that business over a year ago who knew this day was coming. I doubt the FBI has 3 year investigation then says... hmmm whoops, nothing here after all.

pizza delivery boy wrote:

<quoted text>
Only a pompous jerk (aka friend of Guy Gane) would make such a condescending comment. I delivered the pizza + wings, the Ganes took the food into the house & told me to wait, then told me they didn't have enough money to pay me. Huge house, 4 cars in the driveway, Jenna, Geoff & Guy wearing the latest clothes & Pam w/ a maid .....& they can't pay the lowly pizza boy. But, I still paid my tab when I cashed out that night, you see - my last name is not Gane. My father taught me that the most valuable thing a person will ever have is their reputation.
I still have mine.

My father taught me to sign my full name to any accusation. As far as I am concerned, all inquiries made here are false. What do you have to lose if your stories are true? Obviously you are not telling the truth.. The last time I ordered a Pizza, I didn't tell the pizza boy the names of everyone in my family.(I sense some jealousy in your comments about there appearance, also) Why don't we wait to see what turns up in the investigation, before making nasty comments.

M-1 owes me Money wrote:

I was a vendor that was ripped off from Watermark. Guy-JR promised to pay, over and over, with his checkbook sitting on his desk... then drove off in his Mercedes.. I'm still waiting. Thanks Guy.. nice to see that Justice does get done !! Guy III... you know what dad and the rest of the criminals at watermark are up too. I know at least one person who quit that business over a year ago who knew this day was coming. I doubt the FBI has 3 year investigation then says... hmmm whoops, nothing here after all.

No Mercedes here.. Sorry

scum suckiing pigs wrote:

You people don't know the half of it ....

Then share it with us, and try signing your name .

Mike, you protest too much!!! How are you involved? No one has a friend that is this defensive, after a 3 yr FBI investigation and a federal court judge stating he has seen enough evidence to demonstrate that the defendants were running a Ponzi scheme and to direct them to feeze records and bank accounts and to stop them from selling securities!
You seem to want to make constant statements to deflect guilt, which as a taxpayer..makes me think you benefited somehow. All these people are not wrong..take your name off this site, because you are embarrassing yourself and your innocent family..I know, I am embarrassed for them!

I know way too much and believe that these people are capable of MUCH more.

I think Mike is honorable in defending a friend, but an investigation and lawsuit are never without serious evidence of wrongdoing.
In the bigger picture, the salepeople who believed in and made the guarantees to clients, thus bilking them, could be guilty of criminal activity vicariously. Let's hope they don't get caught in a lawsuit they have to defend against by association.
People react in the little picture when their back is against a wall...Guy Gane is an example.
Did this took him by surprise, or maybe not, he could have ignored requests until it came to this. Obviously, Lorenzo Altadonna knew something was happening when he left in January.
Mike you are a loyal good friend, but you need to read the SEC lawsuit.

I agree with hmmm--give it up. Of course Mike could be Guy Gane, Jr or Guy Gane, III or a family member using a fictional name to fight back. Wouldn't that be par for the course?
Or he benefited from a Guy Gane maneuver....
But he is embarassing himself, when only one person is extolling the virtues of a virtue-less scammer, with a history less than stellar behavior that goes back years, and the rest are telling it like it is...the rest can't be wrong!

This is a hardworking family that did nothing wrong. The system investigating this does not mean they are automatically guilty of wrongdoing. Someone out there rated on them because theyre jealous. Real men dont rat on others!

Eddie wrote:

This is a hardworking family that did nothing wrong. The system investigating this does not mean they are automatically guilty of wrongdoing. Someone out there rated on them because theyre jealous. Real men dont rat on others!

Real men Don't steel from old people....
I don't thing Hardworking means what YOU think it means. So One "jelous" guy calls up the FBI and "makes up" a story about St. Guy ... and then the feds run a 3 yr. investigation and, sorry buddy, You must also be one of them ! People who rip off and steal for so living get used to it, and don't see anything wrong... You stole. Now you can goto Jail. And pay back the people you ripped off. You Scum !

To Eddie, and to Mike G., who claims he knows the Ganes VERY well and that they would NEVER have dones the things in the SEC lawsuit ( which you can read on these blogs ): if you read the lawsuit, it appears that the vast majority of the investor money, if not ALL, is gone. Salaries, cars, traveling, expenses of many kinds consumed the investor's money. If you believe these SEC charges are fabricated, and that the money was NOT misappropriated (common term is STOLEN), maybe you can help. You know Guy very well, so ask him to show you, very specifically, where all the money is now, including any cash left, and ALL the legitimate investments the balance is in NOW: the real estate & stock investments that Guy claims were made. It should total well over $5,000,000 according to the alleged bank records. You and Guy can post that information here, and better yet, take out an ad in the local paper to show EVERYONE where the money is now. That sounds like a simple solution and would put lots of minds at rest, and answer these charges of money disappearing. Those facts would certainly be persuasive, don't you think ?? It's your move !!