Where is wade cook

In truth and in fact, the testimonials from clinic speakers and former Wall Street Workshop attendees do not reflect the typical or ordinary experiences of members of the public who attend the Wall Street Workshop. Therefore, defendants' representation as set forth in Paragraph 26 above is false and misleading and constitutes a deceptive act or practice in violation of Section 5 a of the FTC Act, 15 U. By disseminating promotional materials and advertisements and conducting Financial Clinics in which they make the representations set forth in Counts I, II, and IV defendants have represented, expressly or by implication, that they possessed and relied upon a reasonable basis that substantiated such representations, at the time the representations were made.

In truth and in fact, defendants did not possess and rely upon a reasonable basis that substantiated such representations, at the time the representations were made. Therefore, defendants' representation as set forth in Paragraph 29 above is false and misleading and constitutes a deceptive act or practice in violation of Section 5 a of the FTC Act, 15 U. Defendants' violations of Section 5 of the FTC Act, as set forth above, have caused and continue to cause substantial injury to consumers.

Absent injunctive relief by this Court, defendants are likely to continue to injure consumers. Case No. Typical representations by defendants that they have become wealthy trading in the stock market using the trading formulas taught at the Wall Street Workshop include, but are not limited to, the following: a. What is our rate of return?

I mean, sometimes I don't even want to write these things down because they get so phenomenal. We're talking like 80, 90 percent return, an annualized return of close to 1, percent on an annualized basis. And again, if you're not making this kind of money, you need to come along with me and figure out the covered call formula. Typical representations that average consumers who attend the Wall Street Work Shop will make large amounts of money or large returns on their stock market investments by learning and using the trading formulas taught there include, but are not limited to, the following: a.

Our Wall Street Workshop has taught thousands of people how to generate income and win big on Wall Street. One of the greatest concerns that I have as an educator is to help people learn how to make money consistently - steady income.

Yes I said monthly income. And along comes Wade Cook who says, no, we're going to teach strategies. We're going to teach formulas. We're going to teach a system, a method, a way of consistently and predictably making money.

You see, most of my strategies are designed to not lose money. I just hate losing money. Do you? District Judge Thomas S. All the money was diverted from entity to entity for the benefit of the Cooks There is nothing wrong with buying property or jewelry or cars, but most people pay taxes.

By not disclosing those royalties on their tax returns, they received and utilized those monies tax free. Purportedly, the trust was for the benefit of the Mormon Church. No funds were left in the trust for the church. She pleaded guilty to Obstruction of Justice on May 16, The false documents attempted to portray money the COOKS took from the limited partnership as loans in an effort to avoid criminal charges. He has no willingness to acknowledge what he has done in the past was wrong.

The government is asking for a long sentence that the defendant has justifiably earned.