|For Immediate Release
|February 23, 2009
||Contact: Charles Evenson
Clarification of February 20, 2009 DFI Press Release
(Madison) Regarding the press release sent out Feb. 20, 2009 entitled
New Lisbon Resident Russell J. Badder Pleads Guilty to Four Counts
of Mail and Wire Fraud, the DFI reported that Mr. Badder was a “group
leader teaching personal integrity” associated with Landmark Education.
According to the victims, Badder was training to be a seminar leader
for Landmark Education, and led a course on at least one occasion. Landmark
Education did not respond to an administrative subpoena from the Division
of Securities requesting information about Badder’s involvement
with Landmark; however, Landmark representatives now inform DFI that
Landmark removed Badder from a training program after only three months
because of inappropriate actions on his part, and assert that Badder
never led a program on integrity or any other subject on its behalf.