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Should Lisa Rizzolo be ordered to “Repatriate” her off shore funds?



On December 8, 2009, The Honorable Michael J. Davis. Chief U.S. District Judge, District of Minnesota established Case law for Judge Philip M. Pro, U.S. District Court for the District of Nevada to use in the Rick Rizzolo case.

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Judge Davis ordered litigants in his court to "Repatriate" their ill-gotten funds stashed in off shore banks, out of the reach of the U.S. government:
Case 0:09-cv-03333-MJD-JJK Document 52 Filed 12/08/09 Page 1 of 12 IT IS HEREBY FURTHER ORDERED that Defendant shall, no later than December 3, 2009, repatriate to the territory of the United States any and all funds and assets that are held by Defendant or are under his direct or indirect control, jointly or singly, or in which Defendant has or had any beneficial interest, or over which he maintained or maintains and/or exercised or exercises control, including but not limited to any and all assets and funds: 1. Held in foreign bank, brokerage or other financial accounts; or 2. Transferred out of the United States from any account within the territory of the United States at any point from January 1, 2006 through the present; and Defendant shall, no later than December 3, 2009, deposit such repatriated funds into the Registry of this Court (see attached).
In the above case, the Defendant refused to abide by Judge Davis's order, and was jailed! Lisa Rizzolo's ex-husband Rick in 2006 was convicted of tax evasion. In exchange for a light prison sentence and in exchange for a promise to not indict his brother, sister, and father, he agreed to pay over $3.5 million in back taxes, interest, and penalties along with other debts totaling over $17 million dollars. Rizzolo reigned on his side of the agreement. He did so with premeditation because three weeks before beginning his 2005 plea negotiations, Rick and Lisa fabricated a sham divorce; immediately thereafter liquidated their community property assets; and then stashed their cash in a Cook Island bank out of the reach of the IRS and other creditors. This occurred in 2005. It's now 2010 and the IRS has shown absolutely no interest in trying to collect. Meanwhile Judge Pro has allowed the Rizzolos to draw money from their off shore accounts to pay for their lavish living expenses, and the local media has all but forgotten about this case. In the Minnesota case, Judge Davis was not as patient as Judge Pro, and on January 25, 2010, set the perfect example for the Rizzolo case -- he jailed the Defendant for not complying with the court's order:
Washington, D.C., Jan. 25, 2010 — A federal judge today ordered Minneapolis-area resident Trevor G. Cook jailed for failing to surrender more than $35 million in assets as a result of the Securities and Exchange Commission's fraud charges and asset freeze against him. The SEC filed a motion last month in U.S. District Court for the District of Minnesota, alleging that Cook had violated the court's order freezing all of his assets. In a court hearing that concluded today, Chief Judge Michael J. Davis found Cook in civil contempt and U.S. Marshals escorted Cook from the courtroom to jail. Chief Judge Davis ordered that Cook remain in jail until he is in compliance with the court's orders. "Mr. Cook has elected to disregard the court's orders and will now be a guest of the federal correctional system until he mends his ways," said Merri Jo Gillette, Director of the SEC's Chicago Regional Office.
More... Not only did Rick Rizzolo not comply with the court's order, his wife falsified her income tax returns by refusing to report the off shore accounts. What's good for a goose in Minnesota , should be good for the gander in Nevada! - SM MORE INFORMATION:

Did Lisa Rizzolo lie to the IRS?

26, U.S.C., 7207, makes it a Federal crime for anyone to willfully file a Federal income tax return knowing it to be false INSIDE VEGAS by Steve Miller AmericanMafia.com January 25, 2010

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Steve Miller -- Bio and Archives

Steve Miller, is a former Las Vegas City Councilman. In 1991, the readers of the Las Vegas Review Journal voted him the “Most Effective Public Official” in Southern Nevada. Miller writes internationally syndicated columns on organized crime and political corruption for Rick Porrello’s AmericanMafia.com.

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