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To: Liz

Rudy using offshore accounts for stock fraud? Perhaps he learned from his donors?

http://blogs.forbes.com/billions/2010/07/29/sec-charges-sam-wyly-with-fraud/

Texas tycoon Sam Wyly and his brother Charles have just been charged by the SEC with fraud. The SEC alleges that the brothers got $550 million in undisclosed gains while sitting on public boards and that they then hid the money in “an elaborate sham system of trusts and subsidiary


44 posted on 01/07/2011 11:34:06 PM PST by calcowgirl ("Controlling carbon is a bureaucrat's dream. If you control carbon, you control life" --Lindzen)
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To: Liz
Oops... lost the end of the paragraph. One more time:
Texas tycoon Sam Wyly and his brother Charles have just been charged by the SEC with fraud. The SEC alleges that the brothers got $550 million in undisclosed gains while sitting on public boards
and that they then hid the money in “an elaborate sham system of trusts and subsidiary companies” in the Isle of Man and the Cayman Islands.

45 posted on 01/07/2011 11:44:32 PM PST by calcowgirl ("Controlling carbon is a bureaucrat's dream. If you control carbon, you control life" --Lindzen)
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