Editor note – Repeats information from 01-31-2014, 2-10-2014, 2-17-2014. Adds information.
Washington D.C. February 26, 2014 (NEWSTRACK). On January 31, 2014, February 10, 2014 and February 17, 2014, NewsTrack reported on continuing legal issues surrounding GDR Privee, Inc. and Charles Gregoire de Rothschild (AKA Aaron Berdah) due to a press release issued relating to a “Settlement” with Rothschild Continuation Holdings, Rothschild North America, and other associated Rothschild family owned enterprises http://www.prweb.com/releases/2013/11/prweb11315416.htm). NewsTrack has continued to investigate the validity of this press release as well as he international background of the man at the center of this situation, including the entity he controls - GDR Privee, Inc., and has found additional information surrounding this story. Direct ties have been uncovered between this individual and Brewer Investment Group, which are subject to a continuing Federal investigation. (Full versions of previous stories can be found at: http://newstrack.newsvine.com/)
NewsTrack had previously been provided the legal and criminal case history of Charles Gregoire de Rothschild from the French Government. On February 5, 2005, the 31st Criminal Chamber of the Court of First Instance of Paris found Aaron Berdah alias Charles Gregoire Rothschild guilty of counterfeit, illegal reproduction of a Trademark (Rothschild name) without authorization, in both France and Switzerland. In the Judge’s ruling, it was stated that Aaron Berdah aka Charles Gregoire de Rothschild, “...has used this name for commercial purposes in the field of financial and real estate investments, seeking to benefit from the reputation attached to the name ‘Rothschild’ and to take advantage of the confusion in the public mind.”
The Rothschild Family and Companies, who initiated this criminal action against Berdah, specifically stated that Berdah is not a member of the Rothschild Family in their court briefs.
On April 7 2009, Brewer Investment Group issued a press release announcing a partnership “with international financier Charles Gregoire de Rothschild.”
The release explained that Rothschild was the current Chairman of GDR Privee, an international investment boutique. In describing Berdah/Rothschild’s role Steve Brewer, founder and CEO of Brewer Investment Group stated that Berdah/Rothschild would provide, “access to additional sources of capital,” for Brewer. He additionally stated, “Mr. de Rothschild’s proven track record as a successful financier for prestigious projects and emerging companies will help Brewer realize even greater growth.” (See: http://www.businesswire.com/news/home/20090407005470/en/Brewer-Investment-Group-Partners-Charles-Gregoire-de#.UwNOiTaYaHs)
As NewsTrack previously reported, GDR Privee, Inc. was a Void Corporation according to the State of Delaware on the date this release was issued by Brewer Investment Group. Additionally, neither Charles Gregoire de Rothschild AKA Aaron Berdah, nor GDR Privee, Inc., held any license or accreditation either in the United States or Europe to operate as an “international investment boutique”, as stated in this press release.
On October 28, 2010, the United States Securities and Exchange Commission filed a lawsuit against Steve Brewer, Brewer Investment Group, Brewer Financial Services, and Brewer Investment Advisors, obtaining an emergency asset freeze and preliminary injunction to halt offering fraud. (See: https://www.sec.gov/litigation/litreleases/2010/lr21715.htm)
From 2010 through 2013, this case moved forward on both the criminal and civil tracks, involving comprehensive investigations of all related parties by the FBI. NewsTrack was provided access to some of the investigatory files used, showing that the SEC became aware of “fraudulent, unregistered offerings of promissory notes” by Brewer as early as June 2009, just two months after Brewer’s press release announced the partnership with Berdah/Rothschild. The SEC claimed that at minimum, $5.6 million in proceeds were funneled to involved parties, and over 74 investors were victimized.
On June 11, 2013 a judgment was entered on the civil side of the Brewer Investment case, permanently barring Brewer from any involvement with Investment companies, and stock or securities offerings. (See: http://www.sec.gov/litigation/admin/2013/34-69984.pdf)
However, according to the FBI files reviewed, the criminal investigations relating to the Brewer situation are still continuing. Although Steve Brewer appears unlikely to face any criminal issues, as he had agreed to certain disgorgement provisions with the SEC civilly, the focus of the FBI’s efforts now appear to center on “other beneficiaries of the fraudulent activities,” which apparently includes Charles Gregoire de Rothschild AKA Aaron Berdah. Both he and GDR Privee, Inc. were named in Brewer internal documents and executed contracts as both “compensated finders” and “other beneficiaries” for Brewer, despite not being licensed or registered with the SEC to receive such compensation.
When asked by NewsTrack to comment on the current investigation relating to Berdah/Rothschild, as well as GDR Privee, Inc., the spokesperson for the FBI was familiar with the situation and acknowledged that GDR Privee, Inc. was a Void Company in Delaware for the entire period in question, but also stated that FBI policy prohibits commenting on “active investigations.”
Additional information may be appended to this report on an as needed basis.
Filed – NewsTrack – 2-26-2014