But of course when the audits and IRS investigation didn't result in anything being found wrong,(proven since by the fact that nothing has had to be corrected/ amended and refiled) or in any charges or indictments you claimed that didn't prove he was innocent of every other allegation...
In these words, Cindy Conard declares that the IRS criminal investigation found nothing wrong in any of 3ABN or Danny's books, yet this has been disproven over and over again.
Bob, Bob, Bob...
This is another example of your misleading statements. It sounds like you are claiming that the IRS did find something wrong and that this has been proven over and over.
Of course I know better than to ask you to prove that it has been proven even one time, as you will just reply in your usual manner with "where did I say that?" and never do so, as if we are all idiots...
This is far from honest. I hope others can see it even if your justifications and arguments prevent you from doing so...
Even Simpson admitted that if the IRS investigation only went back to 2000,
And? So what? The fact that they did that appears to be linked to IRS codes and statutes of limitations. They can go back further but they have to be able to prove wrongdoing to justify that. I am quite sure you or one of your zealous cohorts informed them of your claims, so why didn't they proceed with that?
Could it possibly be because you are uninformed and have not a leg to stand on in regards to the house and horses?
Could it possibly be that myself and others have tried to point you to the facts about the house and how these things work, and that even the chairman of the 3abn board, Dr Thompson explained it all, and explained that a lawyer had overseen it all and drafted the documents, and it was further explained that the auditors had all the info and found it above board and legit, and yet you refused to heed any of that or look into it?
Could it possibly be that even your financial expert "Snoopy" should have known and could have steered you to the correct definitions of revocable trusts, living trusts, donors, trustees and trustors and remainder interests, as well as the criteria and charts used to determine the amounts based on age of trustor, the current equity of home and property etc which would have explained the purchase by Linda and Danny Shelton as above board and legal?
Or could you yourself have looked it up and researched it all way back on BSDA when both FHB and myself posted it all and tried to point this all out to you, or at least give you and others a clue?
Would you then have been able to comprehend that Danny and Linda had a lifetime interest given to them by a donor, (not by 3abn who was the trustee and had been granted the remainder interest also according to the donor)? Would you be able to comprehend that D and L only purchased 3abn's remainder interest which was legally and factually determined to be 6,139 in 1998?
Would you then be able to comprehend that when something is bought, even though with the stated intention of wanting to do so because you are concerned about your own retirement, it can not be afterwords claimed that it was a retirement benefit given by the one you purchased it from, or an excess benefit, as you keep claiming?
I am quite sure that all of this is the case, and you can keep playing your accusations over and over like a broken record till judgment day but it can not, and will not change those facts which the IRS is well aware of even if you are not and refuse to ever acknowledge it.
the 1998 real estate deal wasn't considered. And no IRS agent is going to say there was nothing wrong with Danny's declaring a donated horse(s) to be cash on his 2003 Schedule A, in blatant violation of the Internal Revenue Code
It appears to me on the horse deal you have jumped from the statement that they received a cash receipt to they filed a cash receipt in 2003.... I have never seen proof that they did so offered by you. I have never seen the documentation (even if so) as to what the value of the horses were, how many there were, or what the IRS required back in 2003...
Without that, I can not address this further, nor can you prove anything.... Sorry.
3ABN and Danny had their opportunity to prove that the IRS investigation really did vindicate them, and they passed up the chance.
They didn't need to prove it to you, Bob. It is really quite arrogant and blind of you to keep insisting that they do, and that they are guilty every time you are out of the loop and don't get to see what you want.
As I said it's been quite awhile now, and they have had to file or refile nothing to amend or correct anything with the IRS. There are no charges nor indictments. Their exoneration has been reported in SDA media other than 3abn and by ministries and those in SDA leadership besides those at 3ABN, along with 3abn leadership and attorneys. Most can see this has been proven, even if you and Fran, and a couple of die hards refuse to and keep sounding your offkey and out of tune trumpets in false alarm.
( It has been established in US courts that freedom of speech does not entitle you to yell "fire" in a crowded theater, when there is no fire)
We wanted to subpoena certain records from the U.S. Attorney which could have helped verify that the IRS had indeed exonerated them, but they fought our request for that subpoena, and filed their motion to dismiss before the court could resolve the matter.
It is my understanding that the IRS is muzzled statutorily from commenting one way or the other, and if that is so, we have a situation where we have to take the word of liars like Danny, Walt, and Simpson, which would be irresponsible. This is why in our reply memorandum (pp. 4-5) we requested the court to order the plaintiffs to give permission to the IRS to disclose the information requested.
That's what a court did in Hansen Manufacturing Co., Inc., v. Jamie E. Frank, No. 99-cv-08097 (E.D.N.Y.). Such an approach takes care of the statutory requirement that government employees only disclose tax return information when authorized by the tax payer.
But I think the bottom line is that Danny and 3ABN chose to dismiss the suit before we could have a chance to verify the IRS exoneration claim. That pretty much nixes all their pretended and bogus claims of exoneration and vindication. If they really had been exonerated, they would have welcomed the opportunity to prove it by having us verify it.
But they are desperately trying to hide something.
You need to believe that, huh?
I am sorry for you, Bob.
Living Trust
Refers to a revocable arrangement established during lifetime. This method of giving allows donors to make certain provisions for themselves and their families, and thereafter, provide for a benefit to the specified nonprofit or charity to further its programs. While a living trust can be a generic name for any trust which comes into existence during the lifetime of the person or persons creating the trust, most commonly it is a trust in which the trustor(s) receive benefit(s) from the profits of the trust during their lifetimes, followed by a distribution upon the death of the last trustor to die, or the trust continues on for the benefit of others, with profits distributed to them.
Remainder Interest
Related to the right to receive the remaining principal when a trust terminates. A donor gives the designated nonprofit or charity the right to receive that property in the future, after the donor’s death or the death of another person, or after a certain number of years.
Life Estate and Remainder Interest Tables
Purpose: The Life Estate and Remainder Interest Table are used to determine the value of life estate or
remainder interest held in real property.
Instructions:
1. Find the line for the individual’s age as of their last birthday.2. For the life estate interest, multiply the figure in the life estate column for the individual’s age by the equity
value of the property.
3. For the remainder interest, multiply the figure in the remainder interest column for the individual’s age by the equity value of the property.Note: Since the value ascribed is based on the changing factors of age and equity value, a new value based on
current information must be determined at the time of each complete eligibility review...
edited to clarify things in a clearer manner to avoid confusion if possible...