However, it is small comfort to know that Michael Edelstein cannot
function as a normal man, but must live in a foggy fantasy surrounded
by crime and intrigue. If you would like to see what this lunatic has
written about WBFI please use caution I have noticed several viruses
on his postings about WBFI. For any Employer or individual in contact
with Michael Edelstein should use a great deal of caution.



YOU MIGHT BE THE NEXT VICTIM!!!!!

The Article that you are about to read about Michael Edelstein is an
article about a desperate and mentally disturbed man who was disowned
by his family and friends and has gone underground to pursue his
crimes over the Internet. This Article was put together by individuals
who were slandered, robbed, and defamated by Michael Edelstein. You
will see for yourself that this man belongs in a Mental Hospital.


Posted 11-11-2004

WARNING: AN INTERNET FRAUDSTER AND VICIOUS LUNATIC!

This warning is particularly important for the collectors of German,
Austro-Hungarian, Hungarian and Polish militaria. The person in
question calls
himself Michael M. van Lauesen, Michael parks Edelstein, Michael Mark
Edelstein but his real name is just Michael Edelstein. A US
citizen by birth (he used to reside in California where he worked as a
med tech),
he lives at present in Budapest, Hungary. He runs an Internet business
site at
Bizland.com under the name of Central European Military Antiques (CEMA
for short).
We have reasons to believe that he is now in the process of moving his
business to
iPowerweb.com..
Over the last few years Michael van Lauesen has been banned from
Manion's
International, eBay (twice), ePier, all major militaria shows in
Hungary, as well
as from several Internet discussion groups for uttering bomb threats,
auction
interference, shilling, mail fraud, common theft, impersonation and
malicious
slander. He suffers from acute delusional paranoia which makes him
accuse various
militaria collectors and dealers of belonging to an "Internet mafia"
which
supposedly sells fake badges, etc. He is also a compulsive liar and
thief.
For more details about his latest scams and their victims please go
to:

http://www.wehrmacht-awards.com/foru...ad.php?t=48377

http://www.wehrmacht-awards.com/foru...ad.php?t=48804

http://austrohungarianlandforcesdisc...pic/450?page=1


http://austrohungarianlandforcesdisc....com/topic/746

Still more information can be found by running a Google search under
"Michael van
Lauesen".
Van Lauesen/Edelstein's growing notoriety may eventually force him to
go
underground, or assume a different pseudonym. In this case, watch out
for the
following telltale signs:
- a general delivery/poste restante address in Budapest or generally
in Hungary;
- personal email address ending in "datanet.hu";
- seller mostly offers German, Hungarian, Austrian and Polish
militaria;
- seller offers a vanity press publication about the Austro-Hungarian
military aviation badges;
- his writing style is full of cheap claque; quite often his spelling
is very poor and his sentence structure faulty to the point of
gibberish;
- his website may contain a number of rambling and progressively more
and more
incoherent rants about "eScam" (meaning eBay), "Internet mafia",
"Hungarian
mafia", "vanity page", "totally fleeced", etc.;
- he may also post some of his more "normal" texts on the Hungarian
1921 pilot's badge, Austria's highest honor (the Order of Maria
Theresa),
Austro-Hungarian Naval Air Service 1910-1918, the death's heads (on
the
Hungarian para badges), etc.
Remember: if you don't want to lose your money and get publicly
slandered
as well, keep away from this individual! Michael M. van Lauesen is one
of the worst creeps on the Net. Please feel free to copy and post this
warning
wherever you think necessary.

http://thelandfarcewebsite.blogspot.com/ In this blog Mr. Edelstein
slandered Peter Czink The head of the Hungarian Veterans Society in
Vancouver and Bill Combs the President of the OVMS (ohio valley
military society)



Michael M. Edelstein left Hungary because he was caught by legitimate
vendors and people looking to buy authentic Austro-Hungarian Military
Memorabilia. He is also wanted by Interpol in Germany. For these
reasons he went back to California and applied for a job and was hired
by Warner Brothers. After things did not go his way he was fired. He
then went on a campaign to defame one of the world’s largest and well
known film studios. He blames Warner Brothers see (http://
theweinerbrothersvptour.blogspot.com/).

As you will see for yourself how deep Michael Edelstein’s
Psychological problems are. On his Weiner Brother blogs you will hear
him call himself Steven King, this is not only a sign of mental
illness but a way to defame and impersonate a very famous novelist.
You will also see that he has made a blog called http://savingmike.com/
where he is begging for Money. WHAT A LOOSER!!!!


1.

http://theweinerbrothersvptour.blogspot.com/
2.

http://www.youtube.com/user/mrmajestic66
3.

http://savingmike.com/ scroll down because he has removed the
pictures only the text is left.



In 2006 after saving up enough money to come back to Hungary to try to
scam some more people out of their hard earned money with his phony
military Memorabilia, it was unsuccessful. After a year of trying to
scam people unsuccessfully he became desperate and in more debt.
Having a so called friend that worked for WBFI, and getting as much
inside information out of that person. He applied for a job with WBFI
(Wealth Builder Financial International) with the intent to extort the
owner knowing that Ms. Judy Jackson worked with a very large amount of
Investors. Judy Jackson the owner of WBFI invited Michael Edelstein
for Easter Dinner with the rest of the WBFI employees to see what kind
of personality Michael had. During Easter dinner Michael disappeared.
One of the employees with WBFI found him upstairs in Ms. Jackson’s
bedroom trying to hack into her computer he was caught red handed. He
was then escorted from the premises and was screaming franticly like a
lunatic “I am going to put your company out of business if you don’t
pay me” he then left. The following week Michael Edelstein was waiting
outside WBFI headquarters for Ms. Jackson. He approached Ms. Jackson
with verbal threats and demands. Ms. Jackson told him that she had
already gone to the authorities then Michael fled the scene. According
to the police he had left the country the next day. The following week
he had started his campaign to try to put WBFI out of business by
slandering, libel and defamation of character via posting and blogging
all over the internet.

If you have gone to his websites about WBFI you will notice that they
are all blogged and posted by the same person. He goes under the name
fjohnson77[at]yahoo.co.uk,(wbfi) mrmajestic66yahoo.com (mrmajestic66)and
his next posting might be under the alias dockers442000[at]yahoo.com
(mrmajestic). WBFI has been pursuing legal action against Michael
Edelstein for his crimes, and he is now running from the law.

WBFI Trading is a scam that relies on cold calls from Central Europe:
WBFI Trading (Wealth Builders Financial International Trading? The
word Trading is NOT on the state incorparation website and not used on
the incorporation title in Florida but merely placed on the EU website
to impress) a so-called precious metals advisory firm is bankrupt.
WBFI's president and owner Judy Jackson is an experienced "loader", a
sales term for someone who takes an existing client and tries to
induce them to buy more. She is well known in the seedy telemarketing
and cold call sales industry. Jackson previously dealt with shady
stock sold in Spain, Costa Rica or Florida. She has a registered
business in the state of Florida under the title of Wealth Builders
Financial International. She has recently branched out to the EU and
is now located in Budapest, Hungary where Jackson has created a clever
shell game of fraud and deception, selling gold and silver to the UK
and the EU. Wealth Builders is also a registered business in Hungary.
One of the main reasons Jackson left the United States was to avoid
criminal prosecution for fraud. She had previously worked at
Livingston in Budapest a company dealing with with IPO stocks. The
company was shut down by the Hungarian National Police for fraud, the
owners are now in custody in Budapest, awaiting trial. Jackson fled
two weeks before Livingstone was shut down to avoid prosecution.
Jackson also worked at Rhino Commodities in Barcelona, Spain, which
was sanctioned and fined by the British FSA for cold calls and
fraudulent activities. Rhino has since closed their offices in
Barcelona. Jackson is now using this website to sell from the EU at:
https://www.wbfi.eu/


The owner Judy Jackson is a con artist and has gone through a number
of partners and employees: cheating them out of payment and profits,
promising generous commissions, salary and then giving only half of
the promised commissions or nothing at all. One former partner had
several real estate projects, mostly fraudulent ones. Gabriell Jarrod
(one of many names he uses) wanted 50% of the business based on his
leads which were worthless. The leads were free downloads from real
estate lists: agents, property investors etc. One scam involved a
Romanian property development getting clients from the UK to invest,
take the commission from the sale and claim that all was well and the
development was proceeding as planned. The Romanian property owner
would take the money but not build anything. Amazingly no one ever
checked to see if they were building the development. Apparently the
Romanian partner claims that all the money was in his wife's name and
she has just died. His property rental and real estate business in
Hungary was failing due to the economic world recession and he thought
he could hustle his way into the gold and silver market by promising
good leads for free to Jackson.


Starting in January 2008, to replace her former partners and his
employees Jackson has imported and surrounded herself with friends and
street people, some from the USA. One big black guy they brought in
from Philly, was abusive and crazy. Derrick would go out and smoke pot
and crack and come back in and try to close deals, coming into work at
her home so drunk, he collapsed in the couch for half the day until
one of the owners caught him sleeping, apparently passed out for
hours. Jackson questioned Derrick but wouldn't fire him as WBFI needed
his skills so desperately. Jackson is being sued in Budapest, Hungary
as she does not pay her landlord or bills. Jackson rents a large home,
pays the first months rent and deposit, she then refuses to pay
anything further, claiming that their is a problem with the plumbing
or the Internet connection will not work, stays five or six months
until the owner files suit and forces her to leave the residence and
then moves on, repeating the procedure so she can rent an expensive
home in the hills at a discount or as Jackson states, "almost for
free".


The first week in March 2008, WBFI supposedly had $700,000 in excess
equity or profit from our clients accounts (the book). The owner
previously only dealt with gold and silver, Jackson then decides to go
into platinum and palladium, when it had peaked in price due
supposedly to an electricity shortage in South Africa. She then
convinces all clients to change from gold to palladium, Jackson claims
that she is not even charging a commission for the service.
Interesting in that the first pitch we used to get clients in, was
that WBFI only charges a one time fee. However, in the disclaimer/risk
disclosure that is sent the fine print states that WBFI charges a 15%
commission every time a transaction is completed, to include loads and
rolls. Palladium is a thinly traded metal used in the auto industry,
the day after she convinces all her clients to change metals from gold
into palladium, the metal loses over $200 an ounce. Her economic
genius is astounding, in 24 hours she loses over a million dollars,
putting every client into margin call or so she claims.



The Real Story


Jackson business in Hungary is failing and she needs cash flow.
JACKSON claims the first week of March 08, on a whim..... that she is
taking all the UK accounts from gold and silver, to palladium, a metal
I have never heard of. (Note: she claims that the three US accounts
are not interested in changing metals.) I suspect, that Jackson
proceeded to cash in on the profits from her book, put in a sell order
with the clearing house, took the proceeds and deposited it in her US
account, then probably transferred the proceeds to an off shore
account. To cover the loss of equity, she comes up with this wild
scheme, to all of a sudden buy palladium? Jackson knew palladium would
fall, I do not think she thought it would crumble that quickly. She is
also an excellent actress and a practised liar, swindler. Jackson
claims to all her clients that she made a mistake and NEEDS MORE MONEY
for margin. But she will make them more money on the new investment,
millions.


Jackson claims that she is NOT charging to change metals for the
palidium trade in March 08, no roll fee, Jackson never does anything
without charging. With all the talk of profit, I sure never saw any,
for anybody!! Mysteriously after all this talk of the hot new metal
that will peak and make huge money, the next day, the very next day,
within 24 hours, palladium tanks. Why only UK clients and not US
clients. US clients could take legal action. Although you would have
to serve Jackson in Budapest, Hungary to sue WBFI. US clients could
check as to where the money actually went with the clearing house. US
clients could still sue the clearing house in Florida and or go to
federal law enforcement. The UK clients have limited recourse and
would have to travel to the US to sue. They could try to sue in
Hungary but her assets are based in the US and off shore, so even if
they won the law suit in Budapest they could not collect any
judgements. Trading in metals is NOT covered by the British FSA, only
stocks and options.


Jackson claims to be under heavy stress and suffers from migraine's.
Jackson hired a private Hungarian doctor to give her injections of so-
called vitamins or cocktails, because of her supposed medical
problems. Jackson claims that she is constantly vomiting blood and
suffers from stress headaches. I have never seen her hospitalized, she
has her partner Blair simply call the doctor and then gets injected
with Morphine or Seconal. Some injections were a mixture of Demerol
and other strong narcotics, that knocked her out for the evening and
the next day. I worked in her home and was asked to stay late to do
evening calls to the UK. When I was ready to leave I saw Jackson on
the living room couch and her pants or skirt lowered and the doctor
injecting her with a large syringe. I also found many needles in their
home and she claimed to be a diabetic. I also found wrappers with a
tarry black substance, many containers for Xanax,Valium as well as
Perkaset, all being prescribed by the Hungarian doctor.

Jackson gets around many laws by transferring her UK accounts to her
US banks and metals depository, where legal action to reclaim client
losses is harder to locate as they have to file suit in Florida and
not Hungary. The US clients funds are put in a Hungarian account, so
if legal action is sought they have to file suit in the EU. Jackson
employs a metals depository in Miami, Florida called Capital Asset
Management, which is operated by a Cuban who uses the street name of
Carlos. My understanding is that Carlos gets a lot of his funding from
the Floridian Cocaine trade. Her former US website at http://www.wbfi.com/
has been discontinued and the web address is for sale because of her
legal difficulties in the United States where she can no longer openly
conduct business.