Just a bit of context for these old references thepennyking is making. He was purportedly conned bigtime by Palm and Dallas.
Here is a snippet from his deposition in the summer of 2002.
Q. What kind of Foreign interest do you have in Canada?
A. I did have an interest in a company called Advanced Capital Services.
Q. Is that the same Advanced Capital Services you mentioned earlier?
A. No.
Q. What's the difference?
A. That one was incorporated in Canada.
Q. Was that also your personal corporation?
A. No, I had a one-third interest in it. I had two other partners.
Q. And who were they?
A. Robert Palm and Jason Dallas.
...
Q. Are these Canadian citizens?
A. I believe they are.
Q. Are they still in Canada?
A. I have no clue where they are.
Q. Did that company have any assets?
A. Yes.
Q. And what kind of assets?
A. I wouldn't be able to give you an exact figure.
Q. What kind of assets, what type?
A. They reported billions in assets.
Q. Money assets?
A. Stocks, bonds, currencies, real estate, gold, you name it.
Q. And what was the purpose of that company? What was the business?
A. Venture capital.
Q. And the foreign interest in the Cayman Islands, what kind of foreign interest did you have in the Cayman Islands?
A. Does it say Cayman Islands?
Q. Yes, it does.
A. Oh, yeah. Okay.
Q. What kind of foreign interest did you have in the Cayman Islands?
A. You'd have to ask them.
Q. I'm sorry?
A. You'd have to ask Advanced Capital that question.
Q. So the foreign interests you have in Canada --
A. They were through Advanced Capital.
Q. And the Phillipines?
A. Yes.
Q. Also through Advanced Capital?
A. Yes.
Q. Of Canada?
A. Yes.
Q. And Russia?
A. Yes.
Q. That was also through Advanced Capital?
A. Yes.
Q. And Hungary and Europe?
A. Yes.
Q. Were those all through Advanced Capital of Canada?
A. Yes.
Q. What city is this company in?
A. Victoria. I don't know if it's-- I don't think it's still around.
Q. What made you think that Advanced Capital had billions of dollars of assets?
A. They showed me the financial statement.
Q. Who's they?
A. Robert Palm and Jason Dallas.
Q. What did the financial statements say about that? What did they indicate?
A. That they had stocks, they had contracts for gold, they had currency transactions, that sort of thing.
Q. What did you do to become a third partner in this venture?
A. I was giving them advice.
Q. Did you recieve a third of that billions of assets?
A. It became part of my assets, yes.
Q. Did they give you a listing of those assets?
A. Did who?
Q. The company. I mean, did they give you anything that would indicate that you had -- that you personally owned a third of this billions --
A. They showed me the documents, yes.
Q. Do you have any of those documents?
A. No.
Q. Do you have access to any of those funds?
A. No.
Q. Do you know where those funds are held?
A. No.
Q. So the only people that would know this are the two men you mentioned?
A. Yes.
Q. Do you know where they are?
A. No.
Q. Do you know what city they live in?
A. No.
Q. You have no idea?
A. No.
Q. Do you know how old they are?
A. No.
Q. You also mentioned that in 1983 you made a formal proposal to Ferdinand Marcos.
A. Yes.
Q. President Ferdinand Marcos. Did you actually have meetings with President Marcos?
A. No, I met with Victor Ninuda.
Q. Who is?
A. Well, it's covered in this book right here.
Q. Are you mentioned in this book? You've got a book here --
A. This is my book right here, but I'm not going to give you that.
Q. Okay. You've got a book here entitled "Asian Loot" by Charles McDougal -- McDougald, D-o-u-g-a-l-d.
A. Uh-huh.
Q. Are you mentioned in this book?
A. No, but Victor Nituda is -
Q. So --
A. -- and he's also mentioned in my book.
Q. Okay. But you aren't mentioned in this book?
A. No.
Q. There's nothing about your connection with Mr. Marcos in this book?
A. No.
Q. Okay. You state in your website that Marcos revealsed to you the whereabouts of Yamashita's gold, 800,000 -- I mean, 80,000 metric tons stolen from the Buddhist villages by the Japanese during World War II.
A. Uh-huh.
Q. And salted away in the Phillipines mines.
A. Uh-huh. Yes.
Q. Did you ever see this money -- I mean, gold?
A. No.
Q. You said that you had given this information to the US State Department via the FBI. Who at the FBI did you give this information to?
A. Special Agent MacDonald in the Tacoma office.
Q. And do you know what Agent MacDonald did with this information?
A. He took the contact that we had, he took the documentation that we had and the pictures that we had and basically kept them.
Q. You had pictures of this gold?
A. We had pictures of the meetings that we had with the people that represented the gold.
Q. And who was it that represented the gold?
A. Well, it's all in the documentation that the FBI has, so you'll have to ask them.
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