I noticed that they got him on some rather minor income he failed to report like interest on funds and false write-offs, but one of the items interested me..
It was something to do with a fake insurance policy or something. kind of hard to read through the legalese but i think what they are saying he was doing was paying millions for a fake insurance policy that was really just a dummy company to hide his funds..
Good little scam that is..
setup a dummy offshore company called " Monkey insurance "
Then you sell yourself a policy for "deadly monkey attacks"
p.s. heres the charges
http://www.thesmokinggun.com/archive...efrancis1.html