Is this true
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Patricia Baker
May 24, 2020, 7:11:27 PM5/24/20
to J4f Club
EXCERPT -
" Out side of my Personal Trust set up for my son, where did the money come from? I will cover that now! Harold Sides, Tom Green and I set it up as an MLM company, “Dynamics4Success” which would provide mostly ebook’s on how to promote a business, any business, including our MLM business. It doesn’t take long and we have 25,000 members. Each of us are making about $80,000 a year + bonus’s. Things are going well!
Harold come’s up with a contact who said they have a close contact with people who can get us Investing in Bank Debenture type Investments (an entity I no longer believe exist). These will give us the possibility to earn 100% ROI on our money in a short time and to compound It several times. This sounds too good to be true but we decide with Harold and the other out side Influences to move forward and present it to our members since we need at least a million to put in. It’s 2002 and we put the Idea out on our conference calls, people are excited.
We have the Private Placement contracts/papers drawn up and people start sending money. I’m the CFO and handle the banking and finances. Harold and I open a Maximizer Account at Bank of America to separate the money coming in for the Investment from our Business Account. I tell the bank, I want two signatures on the account to cash check’s or wire funds. They tell us we can have two signatures on the account but not two to wire or cash a check. Now we better trust each other! We open it and In a short time have $2,800,000 in it.
Harold’s contact falls apart and he finds another out of Mexico through New Mexico. We decide to put $900,000 into what is called “Solagasa”. Tom finds something that is not right about the deal so he and I pull the funds out. Harold is livid and he takes out $1,400,000 out of the Maximizer, that had now grown to $2,800,000.
At this point our business has stopped because no one is working it any longer. They think we are all going to be rich in a few months any way. We killed our growth and our business!
Harold runs off with half the money and won’t tell us what he has done with it. Thank you Bank Of America for the protection you would not provide! This puts us all at risk!
We hire a Law firm from Columbus, GA, where Harold lives but even then Harold, at a meeting, refuses to tell us where it is let alone return it. The Law firm tell’s us we can file a suit against him for $30,000. Sure! Lawyer’s, Law’s and banks help create problems! Their only in it for money. Not justice or what is right!
Tom and I are no longer taking in money for D4S but Harold has formed a new venture and has taken half our members with him and continues to take in money with the promise of huge returns. Tom and I have to figure out how to make up the $1,400,000 Harold stole from D4S and It’s members..
Bill Miller, the Lawyer and once a prosecuter in N.Y., leads us to Invest In a Resort called “Paradise Beach” through Administrative Services In St. Kitts (the beginning of all our financial problems). St. Kitts is where the Resort is also. We are told we have to form a Trust first then an IBC there to Invest. With the advise and help of Miller and Administrative services, since I’m the CFO, I set up a Trust and an IBC. I wire $900,000 to the Trust. Then I transfer it to the IBC and from there according to their Instructions wire it to their account at Administrative Services for Investment in the Resort.
Tom and I were at a disagreement on how the money should be Invested. He wanted to Invest through Miller and his contacts and I wanted to Invest through my Trust agent Gary A. Ferraro and his company, “Caribeco” out of Boca Raton, Fl. We hear about another Company In Florida, PAI. “Pacific Achievement International”. One of our people is Invested with them and Is earning about 25% on a short term Investment. Tom and I go to meet with them. We Invest $175,000 with them since their only a few hours away. We need to try to make up the money Harold took! Unfortunately it’s a scam and the two men running it end up in prison and the money is lost.
Tom and I decide to split the $900,000 we have left between Investing with Conal C. Doyle of West & Assc. in Cambridge, Ma, a Bill Miller associate and Gary A. Ferraro. Gary has my personal money Invested In “The Global Fund” and Its yielding 5% a month or $25,000 a month at that point. I believe In my personal Trust, Formison Trust 2 and Mr Ferraro. We put $450,000 with Gary in R & T Investment fund and $450,000 with Conal C. Doyle. Its 2003 and we hear the Owners of “Paradise Beach Resort” die. We have $276,000 there. It’s left to a brother from Wisconsin. We want our money out of the Resort and fly to meet with the brother In St Kitts. He tell’s us not to worry he will get us our money later but right now with all thats going on he has to first have a CPA go through everything. He tries to sell the resort to a group out of Las Vegas because It has two Casino Licenses. He doesn’t tell the Group of about 125 Investors! The Investors hear about it and stop the sale. The Investors hire a Law Firm from Ireland that specializes in these type of Legal problems. After a long Legal battle the Name of “Paradise Beach Resort” is changed to “The Angelous” and the Government of St. Kitts confiscates it! Our names are turned over to the IRS and they’r told we tried to avoid Income Tax! The IRS audit’s every body.
A neighbor offers us $500,000 for our house. Because of the IRS Audit and not knowing what will happen, we sell the house. I decide to retire since my personal Trust money is yielding $25,000 a month. We sell the house and place most of that money In the Trust.
Shortly after the IRS say’s we owe them $238,000 for Tax on the money I wired to Invest in the Resort since I was the CFO and wired it to the Trust Miller and Administrative Services had me set up. We spend about $45,000 to defend the IRS claim since we have the names, contact Info and the amount each placed for the Investment. The IRS say’s it became my money so everyone walks away. Unfortunately with Interest and penalty it’s now $911,000! What more can go wrong? A few years later the IRS finds out that I have a Whole life policy and tell me to close it and give them the money to settle the tax owed. Now I’m broke
I'm in the same situation as you. I'd love to get back in if the group still exists.
I even paid for 11 custom named debit cards and received ZERO over and above the original
" Out side of my Personal Trust set up for my son, where did the money come from? I will cover that now! Harold Sides, Tom Green and I set it up as an MLM company, “Dynamics4Success” which would provide mostly ebook’s on how to promote a business, any business, including our MLM business. It doesn’t take long and we have 25,000 members. Each of us are making about $80,000 a year + bonus’s. Things are going well!
Harold come’s up with a contact who said they have a close contact with people who can get us Investing in Bank Debenture type Investments (an entity I no longer believe exist). These will give us the possibility to earn 100% ROI on our money in a short time and to compound It several times. This sounds too good to be true but we decide with Harold and the other out side Influences to move forward and present it to our members since we need at least a million to put in. It’s 2002 and we put the Idea out on our conference calls, people are excited.
We have the Private Placement contracts/papers drawn up and people start sending money. I’m the CFO and handle the banking and finances. Harold and I open a Maximizer Account at Bank of America to separate the money coming in for the Investment from our Business Account. I tell the bank, I want two signatures on the account to cash check’s or wire funds. They tell us we can have two signatures on the account but not two to wire or cash a check. Now we better trust each other! We open it and In a short time have $2,800,000 in it.
Harold’s contact falls apart and he finds another out of Mexico through New Mexico. We decide to put $900,000 into what is called “Solagasa”. Tom finds something that is not right about the deal so he and I pull the funds out. Harold is livid and he takes out $1,400,000 out of the Maximizer, that had now grown to $2,800,000.
At this point our business has stopped because no one is working it any longer. They think we are all going to be rich in a few months any way. We killed our growth and our business!
Harold runs off with half the money and won’t tell us what he has done with it. Thank you Bank Of America for the protection you would not provide! This puts us all at risk!
We hire a Law firm from Columbus, GA, where Harold lives but even then Harold, at a meeting, refuses to tell us where it is let alone return it. The Law firm tell’s us we can file a suit against him for $30,000. Sure! Lawyer’s, Law’s and banks help create problems! Their only in it for money. Not justice or what is right!
Tom and I are no longer taking in money for D4S but Harold has formed a new venture and has taken half our members with him and continues to take in money with the promise of huge returns. Tom and I have to figure out how to make up the $1,400,000 Harold stole from D4S and It’s members..
Bill Miller, the Lawyer and once a prosecuter in N.Y., leads us to Invest In a Resort called “Paradise Beach” through Administrative Services In St. Kitts (the beginning of all our financial problems). St. Kitts is where the Resort is also. We are told we have to form a Trust first then an IBC there to Invest. With the advise and help of Miller and Administrative services, since I’m the CFO, I set up a Trust and an IBC. I wire $900,000 to the Trust. Then I transfer it to the IBC and from there according to their Instructions wire it to their account at Administrative Services for Investment in the Resort.
Tom and I were at a disagreement on how the money should be Invested. He wanted to Invest through Miller and his contacts and I wanted to Invest through my Trust agent Gary A. Ferraro and his company, “Caribeco” out of Boca Raton, Fl. We hear about another Company In Florida, PAI. “Pacific Achievement International”. One of our people is Invested with them and Is earning about 25% on a short term Investment. Tom and I go to meet with them. We Invest $175,000 with them since their only a few hours away. We need to try to make up the money Harold took! Unfortunately it’s a scam and the two men running it end up in prison and the money is lost.
Tom and I decide to split the $900,000 we have left between Investing with Conal C. Doyle of West & Assc. in Cambridge, Ma, a Bill Miller associate and Gary A. Ferraro. Gary has my personal money Invested In “The Global Fund” and Its yielding 5% a month or $25,000 a month at that point. I believe In my personal Trust, Formison Trust 2 and Mr Ferraro. We put $450,000 with Gary in R & T Investment fund and $450,000 with Conal C. Doyle. Its 2003 and we hear the Owners of “Paradise Beach Resort” die. We have $276,000 there. It’s left to a brother from Wisconsin. We want our money out of the Resort and fly to meet with the brother In St Kitts. He tell’s us not to worry he will get us our money later but right now with all thats going on he has to first have a CPA go through everything. He tries to sell the resort to a group out of Las Vegas because It has two Casino Licenses. He doesn’t tell the Group of about 125 Investors! The Investors hear about it and stop the sale. The Investors hire a Law Firm from Ireland that specializes in these type of Legal problems. After a long Legal battle the Name of “Paradise Beach Resort” is changed to “The Angelous” and the Government of St. Kitts confiscates it! Our names are turned over to the IRS and they’r told we tried to avoid Income Tax! The IRS audit’s every body.
A neighbor offers us $500,000 for our house. Because of the IRS Audit and not knowing what will happen, we sell the house. I decide to retire since my personal Trust money is yielding $25,000 a month. We sell the house and place most of that money In the Trust.
Shortly after the IRS say’s we owe them $238,000 for Tax on the money I wired to Invest in the Resort since I was the CFO and wired it to the Trust Miller and Administrative Services had me set up. We spend about $45,000 to defend the IRS claim since we have the names, contact Info and the amount each placed for the Investment. The IRS say’s it became my money so everyone walks away. Unfortunately with Interest and penalty it’s now $911,000! What more can go wrong? A few years later the IRS finds out that I have a Whole life policy and tell me to close it and give them the money to settle the tax owed. Now I’m broke
I'm in the same situation as you. I'd love to get back in if the group still exists.
I even paid for 11 custom named debit cards and received ZERO over and above the original
Robert Nilla
May 25, 2020, 2:21:34 PM5/25/20
to marci...@googlegroups.com
Hello Patrick.. contact Harold Sides about buying back In with the club.. I don't know if you will be able to put money in j4f as the members are expecting the completion of the club and the distribution of the grants by the end of summer.. I replaced and bought 2 other members of the club 2 years ago. I don't have much knowledge of Harold other ventures.. I am only concentrating on the task at hand and hope Harold will succeed in the completion of this venture. we shall see. best luck to you.. and try to get back in the club if possible!! bob nilla 1612
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