--- In FairfieldLife@yahoogroups.com, "markmeredith2002" 
<[EMAIL PROTECTED]> wrote:
>

> Actually I think I may have found it.  In 2002, the Maharishi 
Global
> Development Fund took in $76 million in donations.  $58 million of
> that was then transferred out to a variety of offshore accounts in 
the
> Channel Islands.  The primary offshore account is the Brahmanada
> Saraswati trust which received a $53 million grant that year.  This
> same account received $16 million in 2003 and $10 million in 2004 
in
> grants from the MMY Glb. Dev Acc't, which represents the majority 
of
> its own donations for those years.  So it seems that US donations 
to
> the pundits have gone into the Glb. Dev fund for tax purposes but 
then
> get transferred out to an offshore account where of course they 
can't
> be traced any further.  I can't imagine what else that $76 million 
in
> donations in 2002 could be connected to.  Was that the year the
> millionaire courses started??
> 
> Anyway, unless someone can get records from a private offshore 
account
> we don't know how the pundit donations have been used.
> 
> I'm still curious where Bob saw the $190 million in cash?
> 
> PS -- The biggest expense for the MMY Glb Dev fund in 2002 was $2.7
> million paid to "Equine 121 Consulting" in Texas.  This must be
> related to that real estate scandal in texas in which the movement
> paid a bunch of money to some ex-politician to fix some deal which
> cost the locals a bunch of money -- anyone remember those details??

Now this blows my mind.  So this money is untraceable from the 
Channel Islands?  No legal responsibility to account for this as a 
non profit?  Is there any explanation for what happened to these 
tens of millions of dollars?

Lurk  
>






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