Stephen Baldwin

  • 13 Jun 2011 at 5:45 PM

Alleged Boiler Room Operator Never Intentionally Misled Anyone

By Bess Levin

Head trader and Wharton grad

Remember Gryphon Financial? To recap, it was a scam run by a bunch of guys who called themselves Kenneth Marsh, Baldwin Anderson, Robert Anthony Budion, Jeanne Lada, 44 and James T. Levier. Those names won’t mean anything to the investors who got taken for a ride for more than $17.5 million, because the firm used fake names, claiming it was run by president “Michael Warren” and vice-president “Kenneth Maseka” (the latter fictional character’s pedigree included degrees from Harvard, Oxford, Columbia and Wharton and job with Lehman Brothers and Goldman Sachs). Other (awesome) facts about the firm that turned out to be untrue included:

* An office building “in the heart of the financial world at 110 Wall St., 11th Floor.” The actual office can be found at 3767 Victory Blvd., next to a martial arts school and a bakery.

* Props from George Soros, who is quoted as saying: “Alone, the Gryphon Financial are incredible, together they are unstoppable.”

* A ten-man trading desk (which Gryphon’s newsletter describes as being key members of its “hardcore business”) Continue reading »

  • 17 Dec 2010 at 2:17 PM

Stephen Baldwin Has A Dream

By Bess Levin

“I’m 44 years old, my plan is to be a billionaire by 50, which these days, that’s very doable,” the actor, recovering drug addict and born again Christian who filed for bankruptcy last year told Daily Intel‘s Chris Rovzar. “And once I achieve that goal, my plan would be to be the George Soros for Jesus.”