08-29-2008, 01:29 AM
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#33
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Status: Junior Member
Join Date: Jul 2008
Location: DFW
Age: 35
Posts: 40
Rep Power: 4

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They are pleading poverty on the web site now, asking for donations to avoid using a public pretender/defender. It always amazes me when people have a good idea, put it to work, and make a lot of money with it…and never hear or research the term “Asset Protection”. They could have rented any facility in a corporation’s name, and paid themselves dividends, salary, or etc. without comingling their personal assets/funds with the “company” capital. Then when something like this happens, you can defend yourself properly. This is Business Law 101 though; you don’t run a business out of your home. Sure, maybe stuffing envelopes or one of those housewife jobs, but not a multi-million dollar lab. If your business has any possible liabilities, you have to keep the two separate.
I love this country, but I fear the government, and their arbitrary laws and enforcement tactics are only getting worse. And even if you don’t piss off the feds, if you are making large sums of money visibly, someone will eventually try to take it one way or another (i.e. lawsuits, etc.). If any of you are reading this are in the industry, and have a Net Worth from anything remotely questionable, spend a day online reading about asset protection, offshore banking, and learn your most basic your corporate laws for your state.
The sad thing is, the feds win over 95% of their cases, and 99% of those through plea bargains. They stack on 100 charges carrying 20 years each per statutory mandatory minimums, and let you plead to a 5 year conspiracy charge telling you that you will get 15% off for good behavior and how nice the low-security prisons are. It’s not right, it’s not fair, but that’s how they work.
With a few million offshore, you can fight the good fight here for a long time, and cost the feds a lot of time and money. They can certainly afford it, and you will certainly get those 100 years if you lose, but you can bet those 5% of the cases they do lose were not won by defendants with public defenders. And as long as you’re out on bail, you have other options. God Bless America, but this is not the only country on Earth by any means.
Research Chemicals are no different than any of the other gray areas in the law. Right or wrong, the government will charge you, and take all your money if they can get it, and leave you with no chance of defending yourself: even when you are dead to right. When you lose in court, that will become the case-law for them to go get the next guy with or without a good attorney.
I am not advocating money laundering, tax evasion, or anything of the sort. But if you have money, and you want to keep it, then plan ahead.
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