benistar don trudeau attacked by NY STATE Published on Published onMarch 31, 2017 Stacey Arenas Stacey Arenas Following Following Stacey Arenas Assistant Managing Director, Marketing Manager at Vebaplan LLC 573 articles Like 1 Comment 4
Report this 1 Like Stacey Arenas 4 Comments Comments on Stacey Arenas’ article Show previous comments Show previous comments on Stacey Arenas’ article 2mo Open options for Lance Wallach’s comment Lance Wallach Lance Wallach Business Owner at National Offices of Lance Wallach
) UNITED STATES OF AMERICA ) ) v. ) CRIMINAL NO. 04-10029-GAO ) DANIEL E. CARPENTER ) ______________________________) Daniel E. Carpenter’s Supplemental Sentencing Memorandum Now comes the Defendant, Daniel E. Carpenter, by and through undersigned counsel, pursuant to 18 U.S.C. §3553(a), and the U.S. Sentencing Guidelines…see more Like Like Lance Wallach’s comment Reply 2mo Open options for Lance Wallach’s comment Lance Wallach Lance Wallach Business Owner at National Offices of Lance Wallach Daniel Carpenter and a Host of Criminal Allegations Daniel E. Carpenter (Simsbury, CT), attorney and businessman, was scheduled to report to a federal prison on Friday, June 20. His saga involves cases over more than a decade in federal district courts, circuit courts of appeal, and the Supreme Court. Among the federal agencies involved in the cases are the Department of Justice, the Department of Labor, the Department of the Treasury, and the Internal Revenue Service (IRS). Several cases are ongoing despite Carpenter's incarceration.
The Section 1031 Fraud Allegations Carpenter owned and operated Benistar, Ltd. and its subsidiaries. One Benistar function was to act as an intermediary in Section 1031 property exchanges. That section of the Internal Revenue Code allows the owner of investment property to defer capital gains taxes on the sale of the property by rolling the proceeds of the sale into the purchase of replacement property. However, the tax deferral is lost if the owner (the "exchangor") takes possession of the sale proceeds. Therefore, companies such as Benistar offer to act as an intermediary by holding the proceeds in escrow until the exchangor is ready to close on the replacement property.
Carpenter promoted the services of Benistar by offering to hold the funds safely, pay a small amount of interest, and provide the funds when needed. However, without the knowledge or consent il to jmbelth@gmail.com and ask for the Carpenter package.
benistar don trudeau attacked by NY STATE
ReplyDeletePublished on Published onMarch 31, 2017
Stacey Arenas
Stacey Arenas
Following Following Stacey Arenas
Assistant Managing Director, Marketing Manager at Vebaplan LLC
573 articles
Like 1
Comment
4
47
http://benistar.healthcare/wp-content/uploads/2017/03/Benistar-News.pdf
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Stacey Arenas
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2mo
Open options for Lance Wallach’s comment
Lance Wallach
Lance Wallach
Business Owner at National Offices of Lance Wallach
)
UNITED STATES OF AMERICA )
)
v. ) CRIMINAL NO. 04-10029-GAO
)
DANIEL E. CARPENTER )
______________________________)
Daniel E. Carpenter’s Supplemental Sentencing Memorandum
Now comes the Defendant, Daniel E. Carpenter, by and through undersigned
counsel, pursuant to 18 U.S.C. §3553(a), and the U.S. Sentencing Guidelines…see more
Like Like Lance Wallach’s comment Reply
2mo
Open options for Lance Wallach’s comment
Lance Wallach
Lance Wallach
Business Owner at National Offices of Lance Wallach
Daniel Carpenter and a Host of Criminal Allegations
Daniel E. Carpenter (Simsbury, CT), attorney and businessman, was scheduled to report to a federal prison on Friday, June 20. His saga involves cases over more than a decade in federal district courts, circuit courts of appeal, and the Supreme Court. Among the federal agencies involved in the cases are the Department of Justice, the Department of Labor, the Department of the Treasury, and the Internal Revenue Service (IRS). Several cases are ongoing despite Carpenter's incarceration.
The Section 1031 Fraud Allegations
Carpenter owned and operated Benistar, Ltd. and its subsidiaries. One Benistar function was to act as an intermediary in Section 1031 property exchanges. That section of the Internal Revenue Code allows the owner of investment property to defer capital gains taxes on the sale of the property by rolling the proceeds of the sale into the purchase of replacement property. However, the tax deferral is lost if the owner (the "exchangor") takes possession of the sale proceeds. Therefore, companies such as Benistar offer to act as an intermediary by holding the proceeds in escrow until the exchangor is ready to close on the replacement property.
Carpenter promoted the services of Benistar by offering to hold the funds safely, pay a small amount of interest, and provide the funds when needed. However, without the knowledge or consent il to jmbelth@gmail.com and ask for the Carpenter package.