Replies to post #203902 on OWC Pharmaceutical Research Corp (OWCP)

[I-Glow]

The IRS Codes are not laws they are open to interpretation - there are many gray areas that clever Accountants can exploit.

My first accountant told me it wasn't how much you make but how much you keep.

I believe if anyone loses money in a Ponzi scheme or any type of fraud you can write off the losses as Theft.

The SEC Fair Fund proves that OWCP was involved in fraud.

IG