Welsome to the TCIR, the website for TCI Investment Club members!

 

A British Columbia woman is sent to jail for Ponzi Scheme: 
http://www.lfpress.com/2016/09/28/former-notary-who-stole-over-100-million-gets-six-years-in-prison

Received from a Michigan member: Lansing, Michigan twin brothers each got 10 to 20 years in prison for running a Ponzi Scam that involved more than 250 investors and $18.3 million dollars. 
http://www.lansingstatejournal.com/story/news/local/2016/08/31/twins-get-10-20-years-prison-ponzi-scheme/89535842/
"This is peanuts compared to TCI. And these two each got 10 to 20 years. Based on this, Bill Rath and Ross Alexander would each get 200 years."

Is Bill Rath's cowardice placing his wife Anne in jeopardy legally? That question has been asked numerous times by members who have read our postings. Based on evidence we are aware of, Anne could be charged with tax evasion, money laundering, bribery of numerous federal officials, all very serious crimes. Also, TCI members can thank Anne for siphoning 1.5 million dollars, likely from the funds we invested.
The intent was likely to hide Bill Rath's connection to these dealings however professionals confirm that agencies such as CRA would be charging Anne, not Bill. Does that mean he doesn't mind if she goes to jail instead of him??? 

Bill Rath is known to have had plastic surgery to alter his appearance while on the run for over ten years. It is likely that he had inside help to return to Canada as his passport photo would need to be altered. He had been travelling freely using a Diplomatic passport which would have involved bribes to government officials.

An undisclosed source sent information about Anne Rath's former bank account at the Royal Bank at Baseline and Boler Roads in London, Ontario. From the late 1990s until 2006 large sums of money were transferred from offshore into her account. Well over a million dollars was accumulated until it was transferred in 2006 to banks in Costa Rica and Mexico. Rath owned properties in both of those countries and was on the run by that time.

Here is a jail sentence for a Canadian promoting tax avoidance strategies. http://www.cra-arc.gc.ca/nwsrm/cnvctns/on/on160607-eng.html
Had Duncan Goheen and Nelson Bayford been investigated, they might have received similar treatment by the courts.

An undisclosed sender forwarded information that Bill Rath has made several private cell calls to Costa Rica and Europe since he has been home. He is using a cellphone listed in a third party name but owned by Ann Rath. Bill seems to have a habit of putting things in his wife's name....which begs the question: why is he hiding behind her?