New York. – By Apostolis Zoupaniotis
The extraordinary case of the $600 billion loan offer for Greece from an unknown self proclaimed “trillionaire” from Patras, Artemios Sorras and an equally unknown outside Astoria organization END (End the National Debt) seems to be a hoax. The motives of Mr Sorras and END (leaded by Dr Emmanuel Lambrakis) are still unclear.
With a laconic denial, the Press Officer of the Bank of Montreal Ralph Marranca, (Corporate Media Relations refutes the allegations of the Chairman of the organization END (End National Debt doctor Manolis Lambrakis and “donor / investor” Artemis Sorras, that they have deposited in CDRs (Custodian Deposit receipts) from IBOEs (international bills of exchange) based on US Treasury Bills (U.S. Treasury bonds) valued at the maturity at 650 billion U.S. dollars in their banking institution.
On Sunday, Oct. 7, in a radio program of Astoria based station Hellas FM with Helen Gkiogka, Dr Lambrakis submitted to the announcer a ‘document’ to read, that stated this contention. Shortly thereafter, Mr. Lambrakis said, “throwing the glove” at Greek Finance Minister Yannis Stournaras:
“If Mr. Stournaras is not willing to test the offer, we will take with us to Greece the director of the Bank of Montreal, along with Mr. Diamantopoulos (AKA Anthony Diamond of the “Diamond & Diamond”), before all Greek the media, to declare that a deposit of $600 billion has been made for Greece in Canada.
Meanwhile “Greek News found
Another named offered by Dr Lambrakis during his over two hour interview with Hellas FM was of Mr. Paul Terzakis, as the representative of “Federal Funding & Investments Group”.
Greek News has spoken to Paul Terzakis (our conversation was in Greek) who is a real estate and mortgage broker in Toronto Canada. Mr Terzakis didn’t want to speak about the case, and he doesn’t have certain indications yet. He said it’s not the time for him to speak now and he suggested to us “not to be in a hurry”.
He also promised someone else to get in touch with us to answer our questions. We are still waiting for the phone call.
Meanwhile a senior Cypriot Government official told Greek News that when the END delegation met with a Finance Ministry official in September, the organization didn’t offer any proof for the existence of the funds. When the ministry official asked to submit the codes to verify the existence of the US Treasury bills, END members (including Sorras and Dr. Lambrakis) insisted a memorandum of understanding should be signed with the government.
Another important event that made the Greek public realize that the whole thing is a hoax was a YouTube video showing Dr Lambrakis explaining in a public event how Artemios Sorras obtained the $2.8 trillion he claims. According to Labrakis, Sorras sold to US Government high technology “known to the Ancient Greeks since the times of Zeus and Apollo”. This technology enabled a US spacecraft to stay in space for 17 months without using fuel.
BANK OF MONTREAL
We are now submitting all communiqués between Greek News and the Bank of Montreal.
Bank of Montreal
Attention: Alexis Brown
CC: Paul Gammal
October 8, 2012
Dear Mrs Brown
My name is Apostolos Zoupaniotis, I am the Publisher and Editor of Greek News, a bilingual Greek American weekly newspaper based in Astoria, NY.
I am a bit embarrassed to raise this question with you, but the issue I refer to has created a big fuss in Greece. A gentleman named Artemios Sorras announced an “offer” to lend the Greek government the amount of $600 billion. The funds are in IBOEs payable in US Treasury bonds maturing in August 2014.
This Mr Sorras named few Toronto based companies that are “involved” in the deal, one Diamond & Diamond MBG of Mr Anthony Diamond (with quite few cases in the courts), one “Federal Stock Transfer and Custody Agents, Inc.” of a Mr Greg Pappas and a “Federal Funding & Investments Group, Inc.” of one Mr. Peter Terzakis (Listening again to the interview we found out the name is Paul Terzakis).
The “document” attached was revealed by a Greek MP who received it from these people and represents their offer. Now those” triillionaires” claimed to the press that the “custodian” Mr. Pappas opened two of – what he call – CDRs (He said Custodial Deposit Receipt I suppose), one for 600 BILLION USD for Greece and 50 BILLION USD for Cyprus.
In all seriousness could you please tell me if you have any knowledge of this? Do you plan to take any legal action in the case there is a fraud?
To: Marranca, Ralph
My name is Apostolos Zoupaniotis
Editor of Greek News, New York, USA.
Alexis told me that you are the one handling my crazy question.
I just want to make sure you won’t forget me.
You may also use this email address as well for back up.
From: “Marranca, Ralph”
To: apostolos zoupaniotis
Subject: RE: Hi Ralph
Yes, Alexis advised that you had called to follow up on reports that individuals or organizations had made a deposit of $600 bn to BMO. These reports are not credible. Beyond that we have no further comment.