Crafty! 
http://www.thestar.com/NASApp/cs/Conten ... 9048863851

If I understand this correctly…

The guy starts a business selling vitamins and nutrition bars.

Then he starts a charity to collect donations. He uses those donations to buy products from his business and distribute them. So basically, he doesn't actually need customers. He's using a charity to fund his business.

Then, to get more money into the charity, he sets up a tax scheme to bring in investors. He collects money from people to "secure loans" of much higher amounts, and gives them tax receipts for the higher amounts. So they claim the higher amount, and get back more in a tax refund than they actually donated in the first place. He tells them this is all legal so of course they line up in droves to give him money. I would too if I thought I could legally donate $2500 and then get $4000 back in taxes.

The "loans" come from a non-existant company that will obviously never ask for them to be repaid. Instead, he simply uses the donations to fund his original company, putting the money ultimately back into his own pocket.

Of course, he also has the option of demanding that the investors pay off these loans once he squanders away the money.

That would imply, however, that the loans actually existed and someone wanted to be repaid. I rather doubt that's the case and demanding more money from the investors would be a sure way of imploding his scheme.

He's doing this so openly that the Star has detailed it in an article and yet he's still getting away with it.

How is this allowed to happen???

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I Know Where the Money Is 
Read the whole article here.

More than $380bn has either been stolen or wasted by Nigerian governments since independence in 1960, the chief corruption fighter has said.


It's a shame nobody has asked me. I got an email just the other day from some guy with billions in the bank in Nigeria who wanted my help to retrieve it. He offered a nice sum for my services, too!

It's a shame I'm too lazy to help foreign embezzlers launder their windfalls.

On an unrelated note... I guess my prediction that the Mets would go to the World Series and get beat by the Tigers is moot. Now it'll be the Cardinals getting chewed up by the Tigers. Makes for better editorial cartoons I suppose.


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What I'm worth. 
Apparently in the overall scheme of things, every Canadian is worth $141,000.

So where's mine? Hell if I know!! Seems to me a bunch of rich people and corporations have hoarded up all my assets and are bathing in my money.

Stupid rich folk.

To add insult to injury, I'm supposed to be $1.08 in debt for every dollar of disposable income. Well I've got damn near nil in disposable income after paying all my bloody living expenses and my mortgage is a hell of a lot more than $1.08 so it would appear I'm getting screwed there too.

So then... who's the rich bastard I have to beat down to get my share???

I'll bet it's Chuck Guite, that rat bastard!!!


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