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Author: SaddrbutWisrFool One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2611  
Subject: Re: Refund or Lose Headquarters! Date: 12/10/2002 11:12 PM
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On a completely separate note, Saddr, do you think you and I are the last two readers of this board?

My post got 2 recs so at least there is one other reader besides you. It has definitely dwindled down, though, in activity.

Also,do you have any evidence that money has been moved offshore, as you state above?

I don't have any evidence, but I know that is how Wade Cook operates. When he was teaching the seminars in the early days, he was pitching a 4 step off-shore program that consisted of 2 trusts and an International Business Company (IBC) in Vanuatu. The last step required a debit card to draw against an offshore bank to pay for personal expenses taken on trips to exotic places. I am sure he must have taken advantage of the program that he was selling to others back then. Ironically, the IRS is now cracking down on those type of offshore entities if you look at their website. Off course, I think the Nevada corporations were just a marketing tool to get people to travel to Las Vegas more often where they could pull money out of their bank accounts and spend it in the casinos. Old Wade, also, had one of his Nevada corporations own his personal residence so creditors couldn't attach it.
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