Uh-oh ...
Sorry, guys ...
I haven't been paying attention to this circus lately.
I'm late on announcing the anniversary of the ruling by Judge Nuffer that this was a "massive fraud".
Filing date for DOJ's lawsuit: Nov 23, 2015.
Date the case was terminated with a "massive fraud" ruling: Oct 4, 2018 -- Almost THREE YEARS LATER
Date of the most recent filing: Oct 4, 2022 -- Exactly FOUR YEARS LATER
That filing was the Court-appointed Receiver's (Wayne Klein) SIXTEENTH quarterly status report.
Was it just a coincidence that the date of his filing was exactly FOUR YEARS since the case was terminated?
Or, was the Receiver just having a little fun?
If you haven't read his report yet, you should.
There are still a few die-hard appeals underway, and several Receiver-Filed lawsuits remain to be settled.
And there are a bunch of Tax Court cases in limbo. Do those petitioners still believe they will win their cases, or are they just delaying the inevitable ... meaning pay back their tax credit and depreciation benefits they claimed?
Of course, it ain't over 'til it's over,
Maybe a miracle will happen and they will slide by unscathed.
Extremely doubtful, but it could happen.
Is interest being compounded daily on those outstanding balances?
I wonder why none of the hundreds of "true believers" who got screwed out of hundreds, thousands, tens of thousands, or even HUNDREDS of thousands of dollars, have come on here to air their grievances to the public?
How many of Shepard's friends who he convinced to buy lenses still call him a friend?
How many people had their financial lives ruined, or at least severely disrupted, as a result of believing in a tax related opportunity that sounded "too good to be true"?
It certainly sounded "too good to be true" to folks who took the time to actually THINK about the deal, instead of just believing what the perpetrators were promoting.
Did you know that at least one, and maybe more, of the buyers claimed that he thought the deal sounded "too good to be true" and that the technology "looked like a bunch of junk"?
Yet he continued buying.
Wow.
I wonder what flavor Kool-aid was served?
**********
"If it sounds too good to be true, it probably is."
-- IRS
Sure is a pretty day.
TED |
