Abuse Of Power - Michigan Attorney General

DETROIT - Aug. 8, 2024 - PRLog -- I want potential clients who look at my Securities License under Broker-Check to be able to read the Abuse of Power – Michigan Attorney General that happened to John Denes and not just the Libelous & Defamatory Fake News from the Michigan Attorney General's Office posted on my Securities License which shows – John Denes the applicant "willfully violated the Act within the past 10 years, and engaged in dishonest and unethical practices within the last 10 years, which supports the denial of his registration application under the above-cited provisions of the Michigan Uniform Securities Act." This posting is completely false! Read on and you will see why it's false!

Michigan's Attorney General Office Abuse of Power with Matt Payok and Bill Schuette again took REO Capital and Mr. Denes to court indicating he was going to deny John Denes his Michigan securities license. John Hubbard the attorney representing Mr. Denes & REO Capital told the court that he has been a securities lawyer for the past 30 years and submitted cases far worse than this one and the State of Michigan has approved other licenses? The attorney went on to tell the court that the assist attorney general is using "Abuse of Discretion" and Matt Payok could limit the license of Mr. Denes and REO Capital. It was clear at that point that the Michigan Attorney General had every intention to putting John Denes out of business. Mr. Denes was in tears explaining to the court that denying his state license would be devastating to his career. Matt Payok had no empathy for Mr. Denes. Mr. Payok was focused on his Vendetta to make sure Mr. Denes could not practice in Michigan or any where else, knowing that eventually his denial would put John Denes out of business.

In 2017 Michigan's assistant attorney general again got involved with Mr. Denes and a client which was an Ohio company and REO Capital is a California company stating that Mr. Denes somehow violated Michigan Securities Laws again, fining Mr. Denes again for $2000??? Michigan Attorney General Matt Payok's Vendetta was still in play. Again my firm had to get another attorney costing Mr. Denes another $10,000. Mr. Denes Attorney asked Matt Payok "What does a California company doing business with an Ohio company has to do with violating Michigan Securities Laws?" Matt Payok gave some lame answer like "Well John Denes had previously applied for a License in Michigan?" After that case was settled in which there was no admission that Mr. Denes violated Michigan Securities Laws, the assistant Attorney General Matthew Payok made a call to FINRA the financial regulatory body and breached our Final Consent Judgement made by telling FINRA False Defamatory statements about Mr. Denes such as Mr. Denes again violated Michigan Securities Laws and John Denes should not be licensed in any state or with the federal government!

Now the State of Michigan has denied Mr. Denes his state license to sell securities in Michigan, FINRA has disqualified Mr. Denes & his license on the Federal level. Thus forcing Mr. Denes out of the Securities Business in which he was involved with for over 25 years and into retirement! Now, Mr. Denes can only consult and advise REO Capital. Mr. Denes at age 60 has had his career forced into retirement until he hires an Attorney to Expunge this False information on his Securities License! This all stems from Michigan Assistant Attorney General Matt Payok and Bill Schuette Michigan Attorney General, determined to teach John Denes a lesson over a website! The Michigan Attorney General was determined to put him out of business all because he told the Attorney General his questions were Bull. It all seems rather Ludacris. What is more Ludacris is that John Denes has ended up spending over $47,000 to defend himself from the attacks of Bill Schuette and Matt Payok of the Michigan Attorney General's Office. They have violated John Denes civil rights to earn a living through intimidation and abuse of power!

Now with my License being Statutory Disqualified with FINRA and not Licensed with any State not able to generate any revenues from REO Capital LLC, Mr. Denes over the next 10 years stands to possibly lose out on over $51 Million dollars in Fees that he would have made if the State of Michigan had not denied his Securities License!!! It seems like a good basis for a $51 Million Defamation Lawsuit to me???