Gary A. Smith, a.k.a moneybuilding1@hotmail.com, was to be the Trustee for all of these Irrevocable Trusts. One man, a hundred thousand Irrevocable Trusts? He is now so busy with over 700 trusts (listen to the conference calls) he won't respond until after taxes are done mid-April.
Gary A. Smith is not a recognized lawyer in Michigan, nor is 'Mystic Isle Trust' sanctioned by the State of Michigan. It's your decision whether you will trust your assets to this man. He's not for us.
Gary A. Smith is not a recognized lawyer in Michigan, nor is 'Mystic Isle Trust' sanctioned by the State of Michigan. It's your decision whether you will trust your assets to this man. He's not for us.
Here's part of a message Gary A. Smith sent to a federal judge in the early 1990s:
“The only penalty I am willing to accept is incarceration for taking your life, the life of George M. Marovich and the she bitch you work for, if necessary as a last resort to clear varmints from this good earth, to which I would consider the same as justified homicide for the public good.”
The quote appears here: Initial Decision in the matter of Gary A. Smith. Gary defended himself in the case (he was pro se, without counsel).
And here is the final decision of that ruling: SEC vs. Gary A. Smith Finality Order
And here is the final decision of that ruling: SEC vs. Gary A. Smith Finality Order
The above decision is referenced by a 2004 Final Rule of Registration Under the Advisers Act of Certain Hedge Fund Advisers, wherein it says:
177 See, e.g., SEC v. Gary A Smith, 1995 Lexis 22352 (S.D. Mich. 1995) (adviser persuaded client to place accounts in trusts to try to avoid Advisers Act regulation).
Gary does not appear in Michigan's lawyer database. He describes himself as a "lawyer in fact."
Gary A. Smith gives his work address as:
MYSTIC ISLE TRUST
DAVID R. FANTERA, ESQ. & GARY A. SMITH
8466 CLIMBING WAY PICKNEY, MI 48169-8484
810-220-8870
810-220-8870
Mystic Isle Trust is not in Michigan's State company database.
We ask you to verify everything here yourself. Just type in '"Gary A. Smith" SEC' into any search engine, and then 'Michigan business search' to find the state business directory service and enter "Mystic Isle Trust"
TANSTAAFL
We ask you to verify everything here yourself. Just type in '"Gary A. Smith" SEC' into any search engine, and then 'Michigan business search' to find the state business directory service and enter "Mystic Isle Trust"
TANSTAAFL
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