Gary James Lundgren, the expat American fraudster who is believed to be the intellectual author of the Financial Pacific/Petaquilla Mining insider trading scandal, attempted this week to shut down a Panamanian website that has featured a number of articles written by your blogger, incriminating him, offering details of several criminal and civil cases, pending against him. Lundgren, who sometimes calls himself Gary Lundgren, has previously threatened this blogger and his campaign against Lundgren, who has victimized a large number of Canadian and American expatriates living in the Republic of Panama.
Offering victims an astounding eight per cent per month on their investments with him, Lundgren has now reportedly been unable to make interest payments to his clients, and is refusing to meet with them, or even come to the door of his Panama City office. Notwithstanding his representations, Lundgren has no securities license in Panama, nor do any of the Panama corporations that he controls.
Lundgren is said to be presently under investigation, by the Securities & Exchange Commission in the US, as well as the Internal Revenue Service, and also by the Anti-Corruption Prosecutor in Panama, and certain Canadian government agencies.
We shall continue to report on Mr. Lundgren.