A FullOn Scam

A Brief Report

Figuring Out Figueroa

or How You Figah Figah-roa?

 

This is an alert to whom it may concern, of what appears to be a scheme to co-opt the Hawaiian independence movement in order to line the pockets of certain ‘carpetbagger’ businessmen of highly questionable reputation. Primary Players: Richard “Kamahele” Figueroa, President and CEO of FullOn Holdings, Inc. Thayer Lindauer, Esq., Attorney for FullOn Holdings, Inc. Silent Partner: David W. McQueen, IOC Holdings (gambling investments in Bahamas), Diversified Global Finance – Prospective investor for FullOn Holdings’ ethanol production project.   —— Richard “Kamahele” Figueroa Kanaka maoli, born and reared on the Big Island. He appears to have lived away from the islands since he left Hawaii for the military. He is probably in his fifties, is a U.S. citizen and currently resides in Cambria, on the central coast of California, near San Simeon. Figueroa is President and CEO of a corporation called FullOn Holdings, Inc. and is a self-proclaimed entrepreneur in pursuit of large US government contracts and other grandiose business schemes. FullOn Holdings, Inc. is a corporation that is registered through the normal regulatory agencies. It is also registered as a minority owned business (to access minority status advantages in government bids). Figueroa claims that FullOn has applied to the U.S. Department of Justice for registration under the Foreign Agents Registration Act (FARA). Maybe it got lost in the Washington bureaucratic maze, but as of yet, there is no record of this filing with the U.S. Department of Justice. Thus, FullOn Holdings, Inc. as a U.S. corporation and Richard Figueroa as its CEO is required by law to report to and comply with all the regulations of the IRS, the State of Hawaii, the U.S. Justice Dept., the Securities Exchange Commission and several other government agencies. The Board of Directors of FullOn Holdings, Inc. consists of Figueroa, his wife, his daughter and one other woman. Figueroa calls all the shots, the others are rubber stamps. The house on Laukahi St., overlooking Waialae, being used to court potential participants in the Hawaiian election (and as offices for Full On’s businesses), is not owned by Figueroa or FullOn as people are being led to believe. The house has been foreclosed upon and is a month to month rental at way below market price. The house was rented off Craig’s list from a person claiming his brother in Australia owned the house. Actually the title is in the name of the sister in law, not the brother. The bank found out about Figueroa’s occupancy when it came to inspect the house for the foreclosure. The bank people were surprised that Figueroa’s office staff was there. The house was intended to be living quarters for office staff brought in from California. FullOn’s actual operations were to be based in a suite of offices in Waikiki, but Figueroa would not (could not) provide the management company with proper financial statements. Thus, the office is in the house. The original staff brought in to manage FullOn’s businesses and the Hawaiian election are no longer working for Figueroa and are owed thousands of dollars in back pay and out of pocket expenses http://www.hawaiianindependence.com/index.php?option=com_content&view=article&id=20&Itemid=3   Figueroa/FullOn Schemes Since 2005, Figueroa has surfaced in Hawaii with at least the following business schemes: •         Modular Housing for the Department of Hawaiian Home Lands. Figueroa claimed he was securing a huge contract from DHHL to produce and construct “15-30 thousand” homes for new Hawaiian Homes awardees. He claimed to have secured 13 acres on Hawaii island and was in the process of raising $5 million for start-up costs. Contract value to FullOn:  $100+ million. •         Shipping of initial manufactured houses (while plant is being built in Hawaii), and hauling construction materials to Hawaii (sand, gravel, cement from Mexico; lumber, steel, etc. from U.S.). This entailed plans to secure a decommissioned U.S. Navy LST to do the overseas hauling. – Contract value to FullOn:  $?? million. (As a philanthropical side project, he was to donate the money to secure another decommissioned naval vessel to house a rehabilitation and technical training facility for half-way house inmates, drug programs, juvenile offenders, etc. •         Shipping garbage from Hawaii to the U.S. Presumably using the same LST, Figueroa claimed his company FullOn was bidding for a City and County of Honolulu contract to ship O’ahu’s garbage to the West Coast to be transported to large land fills in Oregon and Wyoming. Contract value to FullOn:  $20+ million a year. •         Underwriting the Native Hawaiian Bank. This is the bank that Bumpy Kanahele had been trying to start for a number of years. The plan was that Figueroa/FullOn would provide the money to purchase a distressed bank in Minnesota, then use its federal ‘licenses’ to operate the Native Hawaiian Bank in Hawaii. Value to FullOn:  $?? million. •         Importing Venezuelan Oil. Figueroa planned to import Venezuelan crude oil to Hawaii to take advantage of Hugo Chavez’ offer to sell island nations oil at a deeply discounted rate. The catch was that Hawaii would have to be an independent nation to utilize the discount. And find a way to refine the “heavy-sour” crude into usable products. – Contract value to FullOn:  $100+ million. •         Ethanol Production. Figueroa’s current project is to build a plant (or plants) to process sugar cane into ethanol. His targeted customer is the U.S. military. The feed-stock (raw bio-supply) is to come from the two sugar plantations still in operation in Hawaii as well as other lesser sources. – Contract value to FullOn:  $100+ million. Though each scheme had/has the potential to earn tens, if not hundreds of millions of dollars, it appears that thus far, none of Figueroa’s projects have actually materialized. Many seem to be outright fabrications or at best, the pursuit of pipe dreams The pattern seems to be, to string people along, using them as bait to attract finances for his various schemes. This has left a trail of people in Hawaii and in the U.S. feeling misled, frustrated and used by Figueroa and his failed schemes. Also, like his many unfulfilled business propositions, Figueroa has failed to come through with his offers to help with charitable projects.   Hawaiian Independence. Figueroa’s most ambitious and audacious scheme is his crusade to personally create a “Sovereign Independent Hawaiian Government.” Figueroa started on this track while “helping” Bumpy Kanahele pursue the Native Hawaiian bank and the scheme to import Venezuelan oil. At that point, Figueroa began to realize that Hawaii, as an independent nation (outside the jurisdiction of the U.S.), could be very advantageous for his various schemes In June 2008, Figueroa launched a website that announced that he and Kanahele and the Nation of Hawaii were calling for a “constitutional convention” to be held in September 2008. Within days, Bumpy Kanahele completely disavowed any connection whatsoever to Figueroa. Figueroa then indicated that he would proceed with his plan to “unify the factions” to create a new government and that his company, FullOn Holdings, Inc. would bankroll the effort. http://www.hawaiianindependence.com/index.php?option=com_content&view=frontpage&Itemid=1 Figueroa set out to woo the support of what he calls “the factions” — the various Hawaiian national governments and other prominent leaders that have been in the movement for some time. After meeting with them, Figueroa heavily name-drops via emails, conversations, presentations, etc., implying that these leaders support him and his process; even though not one leader has joined Figueroa. Figueroa is actively seeking to build a registry of “Native Hawaiians” to hold an election to create a new government as stipulated by the strange constitution that he (Figueroa) and his lawyer concocted. His insistence on implementing his seriously flawed election process indicates that Figueroa is being motivated by factors other than sheer patriotism. Figueroa’s run-in with Bumpy over nation building, and failure to recruit long-time independence leaders indicate his independence process is seriously flawed. Yet, Figueroa’s MO of grandiose schemes, and his insistence in pursuing his process strongly suggests his real goal is to reap substantial financial rewards for himself by showing his investors that he (FullOn Holdings) can deliver Hawaii as an independent nation.   FullOn Business Schemes Contingent on Hawaiian Independence. Figueroa/FullOn’s newest project is the large-scale production of ethanol. He apparently has big plans to receive a large military contract for this fuel. It appears that the finances for Figueroa’s proposed ethanol production is contingent upon his being able to deliver Hawaiian independence. Apparently, no election, no nation, no money. Therefore, Figueroa is under pressure to perform and has been putting all the money he has (and what he has been able to scrape together from friends and family members) to fund his Hawaiian nation. Figueroa’s main goal is to hold an election that will ratify his constitution and the members of the government. To hold an election he has been to build a registry of Native Hawaiians. Thus far few have actually committed to his proposed election process. Every Hawaiian, particularly prominent ones, that Figueroa meets is automatically considered a new recruit, and Figueroa uses that person’s name to impress and attract others. Still very few have signed up to participate in Figueroa’s election. Figueroa has now resorted to acquiring names of Hawaiians surreptitiously from civic club membership rosters and from marketing lists off websites such as : 123freetravel.com, sun-sentinel.com, dailypress.com, latimes.com, classifieds.com, nytimes.com, washingtonpost.com. This is how he claims to have “over 200,000 names!” He is stealing or buying names! To buy more directly, Figueroa made an offer on his website to give FullOn stocks to people who sign up for the national election. Perhaps someone (like his lawyer) pointed out that buying an election is patently illegal. The offer was soon removed. Buying voters, manipulating people by waving money around, name-dropping and making enticing, ‘too good to be true’ promises is the work and style of a con-man.   FullOn Attorney, Thayer Lindauer Mr. Thayer ‘Ted’ Lindauer is Figueroa’s lawyer. He lists addresses in Edwardsville, Illinois and Cambria, California. Lindauer is supposedly the legal mind behind Figueroa’s FullOn Holdings’ effort to establish Hawaii as an independent nation. To this end, Lindauer claims expertise in constitutional and international law. Actually, his expertise is in business law; particularly the business of network marketing (i.e. multi-level marketing) which is regarded by law enforcement as one of the sleaziest “businesses” just a cut above the Nigerian inheritance scam. Lindauer’s reputation is that he is one of the best in field. In lawyer terms that means sleaziest of the sleazy. Lindauer has been implicated numerous times in investigations of shady business dealings of the lucrative multi-level marketing (MLM) schemes. But he has been able to escape being convicted. He is a very good MLM lawyer. But a cursory glance at the “constitution” he drafted for Figueroa reveals a document so replete with mistakes, contradictions and trivialities that one wonders how the constitutional and international lawyer that he claims to be could possibly write this drivel. That is because he is not a ‘constitutional lawyer.’ Furthermore, his experience in ‘international law’ is only from his multi-level marketing scams, which also tend to be multi-national marketing scams. Given his background of business activities, it’s not likely that altruism is Lindauer’s motive in this 2009 Hawaiian National Elections, or Sovereign Independent Hawaiian Government (or what ever they are calling it this week). Like Figueroa, Lindauer’s incentive is to make a lot of money off this sovereignty, Kingdom of Hawai’i National Election stuff.   The Investor, Dave W. McQueen McQueen may or may not be an innocent in the Figueroa/FullOn Kingdom of Hawai’i National Election/Ethanol scheme, but he provides the incentive (money) because he apparently controls the large pool of funds from which FullOn intends to draw. McQueen’s email address is with a company called IOC Holdings. IOC lists its HQ as Grand Rapids, Michigan, but its main activities seem to be located in the Bahamas and its website (stagnant) indicates that they are a gaming (gambling) company called Isle of Capri, but says very little more. The first phone number listed on the website is no longer in service, the second has a recording machine identifying the business as International Opportunity Consultants. Either way, it is I.O.C. McQueen leads an affiliated company called Diversified Global Finance which purports to be domiciled in Auckland, New Zealand Complaints are beginning to surface that Diversified Global Finance is a ponzi scheme on the order of (but nowhere near the scale of) Bernie Madoff. http://forums.registeredrep.com/forum_posts.asp?TID=8115&PN=2 It is McQueen that Figueroa and Lindauer are trying to impress and reel in. It appears that the first increment of their funding for the ethanol project is contingent upon convincing McQueen that FullOn (Figueroa/Lindauer) is getting the Hawaiian nation together (dialoging with “the factions,” getting people registered, etc.). The rest of the funding is to be released after they pull off a “Kingdom of Hawai’i National Election” (now purportedly scheduled for August 2009).     Summary: Follow the money… Keep in mind, that none of these three actually live in Hawaii. None are Hawaiian nationals. Figueroa who has been away from Hawaii for the greater part of his life is a U.S. citizen, not a Hawaiian national. The other two, besides being U.S. citizens, until recently have been complete strangers to the islands. Yet, incredibly, they claim to be working for the best interest of the Kanaka Maoli to reestablish the Hawaiian Kingdom. What’s wrong with this picture? Well, it could happen… that these sharks, these lifelong scammers, have suddenly developed such empathy for the Hawaiian people that they are compelled to champion the cause of independence because of an overwhelming sense of compassion and justice. But it is highly unlikely. Their plan to build a new nation is so clumsily sophomoric (if not idiotic) that it has no chance of success. Therefore, it is more likely that these three are advocating Hawaiian independence for self gain…to line their own pockets in the process. Just as many other sharks have come to Hawaii over the years, they are not motivated by some altruistic desire to do good, they are attracted by the smell money. They are really “carpetbaggers.” (google this term) As we have seen in the past with the sugar plantations under the territory, and tourism under statehood, when money is the motive, we the people will get trampled in the feeding frenzy of greed that ensues.  

###

 
Specific analysis of Figueroa’s election process and “constitution” yet to come…
Disclaimer: Please note that the information contained in this document is what I believe to be true. They are my own conclusions and opinions derived from what has either been said to me, or that I have personally witnessed, or that which has been documented with e-mails, or through research and inquiries. I do not wish for anything that I state here to be considered libelous or slanderous. If any individual feels that I have misstated any thing in any way, I am receptive to being corrected if it can be so justified and validated.   Leon Siu]]>