Home

The Rise of the Predator Class: Systemic Elder/Guardianship Abuse by Professional Predators

Leave a comment

By: Don Bowman
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Question:
Are guardians, professionals in the legal system, and influential people in the political system stealing from wards (elderly and disabled individuals who have been placed in guardianships) and laundering the money through shell companies? Specifically, can shell companies be found by examining the April Lynn Parks court case and/or IKOR? In addition, is there a connection between the two? This document presents raw data about court-appointed guardian Parks and IKOR, an elder services franchise. Criminal wrongdoing in individual guardianship abuse cases is known. The criminal network, that runs from county courts and county Area Agencies on Aging (Adult Protective Services)
to high-level government offices, is not known. Shell companies may be one piece of the puzzle.
Facts About Shell Companies:
A shell corporation is a company with financial assets but no significant business activity.
Shell corporations don’t create products, hire employees, or generate revenue.  Rather, they store money and engage in financial transactions.  Shell corporations can be used for illegal purposes like money laundering or legitimate purposes like storing funds in the early stages of a startup. According to the research group Global Financial Integrity, the U.S. is the second easiest country to create a shell corporation in. Delaware, Nevada, and Wyoming are the most popular states for creating a shell company due to lax incorporation requirements and strict privacy laws.  Storing personal assets in a shell company makes sense for people with a large amount of wealth from investments.
The Panama Papers implicated a number of government officials and public figures in crimes ranging from tax evasion to money laundering. The investigation, which exposed the rogue offshore finance industry, showed that owners of shell companies can hide their identities from United States authorities This constitutes a “significant loophole” in the country’s ability to tackle money laundering and illicit financing. The Panama Papers may offer clues about how money is laundered after it is illegally obtained through guardianship scams.
Facts about Systemic Elder Abuse/Guardianship Abuse:

More

Targeting the Elderly: Guardianship and Conservatorship Are Controlled by the State

19 Comments

Marti Oakley  PPJ Gazette copyright © 2019

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

IKOR is the icing on the probate cake: Anything from complete guardianship to power of attorney is facilitated by IKOR. All these plus more give IKOR franchisees the potential to make money fast, easily and consistently. Apparently there is big money to be made trafficking the elderly and stealing estates and IKOR will show you how to do it! You just have to buy one of their franchises. “Considering how easy it is to make money within this trade, the initial investment is well worth it.” and IKOR operates globally! What a deal!”

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

While there are those at the federal level who are genuinely concerned about the human trafficking of the elderly and others for profit, they are quickly shut down by those whose interests are too closely tied to those precious “stakeholders”…(you know…the people who really matter). Those stakeholders provide lots of cash and other perks coveted by certain elected officials who quickly forget who put them where they are. Still, there are those I have met with whose concern is genuine but who also admit they are powerless to fight the big money interests who keep the system running as is.

How many of us have made expensive and time wasting trips to speak with federal officials about the ongoing human trafficking of the elderly, the disabled and those who might just have a big trust account someone else is eyeballing, among other assets? There are many of us who have made these trips, only to be met with platitudes, back patting and the ever popular…..”I am gravely concerned. I will look into this and get back to you”. ( Oh thank you! I thought I was going to get out of here today without anyone bs,ing me!)

And it continues:

“By the way…would you like a picture with me that you can share on social media? That way you will look really important and I (the politician) will look like I really give damn. And you can also name drop me in your emails and postings…that will make us both look good and you especially will look so important even though nothing will come of our encounter.”

Thanks…I’ll pass on the grip & grin photo op. I prefer to wait for the next do-nothing bill to come out that will make the public think there is any genuine concern at the federal level for anything remotely connected to the trafficking of the elderly, the theft of identity and the accompanying theft of estates. After all, there is that 3.7 trillion missing from the Social Security surplus that has been used to fund wars and pet projects. That needs covering up. And there is that pesky 6o billion that the medical industry bilks Medicare out of each and every year. We can’t go after them…they donate way too much to those re-election campaigns.

The State controls these programs

Both guardianship and conservatorship are controlled at the state level. No statistics of any kind are compiled or kept at the federal level regarding the number of victims targeted or the amount of financial assets stolen under these systems. This is intentional. This allows the feds to claim plausible deniability…no one told them. Why…they couldn’t find anything to substantiate this. Even the GAO reports that are published are intentionally deficient in reporting the actual crimes being committed by professional predators including law firms, and fail to report the actual number of people trafficked through this system and the true value of the theft and transfer of wealth taking place by people who make their living doing this. They won’t even mention the professional predators, but instead select cases where a family member or someone unrelated was involved.

About those states

More

%d bloggers like this: