The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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Previous Posts
7/06/2007
Economan Breaks Down, Hedge Fund Ponzi Scheme Probed
Albert E. Parish is the Economan. His website is a must-see. He's also the target of a government investigation into his financial management practices, which ended up costing his clients millions. Parish's assets are currently at auction in an attempt to make back some of the money he lost. You can view the items here.

-- MDT

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1 Comments.
Anonymous Anonymoussaid...
THERE IS STILL SOME HOPE

Many of you who were defrauded by Al Parish, could qualify to recover the tax basis of your remaining investment loss. A seldom used provision of the Internal Revenue Code 165 (C)(2), allows you to offset you loss in the "Year of Discovery", against ordinary income. There is no limit nor any exclusions. Any remaining loss can be carried back three years and/or carried forward. The treatment of this loss is different for each victim.

Tim Kelleher of Securities Fraud Recovery Trust, LLC (SFR Trust) is one of the leading pioneers in the 165 theft loss industry. He was instrumental in the start up and development of JK Harris 165 Services, LLC fraud division and was the founding partner of Investment Fraud Recovery Network, LLC. His efforts have resulted in the recovery of millions in tax refunds to the victims of investment fraud. His expertise and that of his team is sought out by victims of fraud nationwide.

Mr. Kelleher's team of experts stand ready to evaluate your case to determine it's merit inder 165 (C)(2). There is no financial risk to you whatsoever. His group will also support your claim with the IRS for the three year review period, at no additional cost to you. In addition, unlike competition who charge up to twenty-five percent of your recovery, SFR Trust) has a rate of four percent of your loss amount or $5,000.00, whichever is less, regardless of the amount of your loss.

For a complimentary evaluation, please email your contact information to evaluation@sfrtrust.com. One of Mr. Kelleher's experts will contact you within 48 hours to discuss your case with you, or your tax professional.
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