Wade Cook Going to Jail

Some financial guru Wade Cook turned out to be.

He was great at making millions — for himself. Too bad he didn’t feel like paying taxes on the cash. He was sentenced in August to 88 months in a federal penitentiary for tax evasion.

There is no way I know of to get-rich-quick. But buy Cook’s books, watching him on TV and you can almost imagine that getting rich quickly is just around the next corner.

A jury discovered that Cook falsified his tax returns from 1998 through 2000 on royalty payments of $9.5 million. He also obstructed federal investigations.

Check out real estate investor and newsletter publisher John T. Reed (www.johntreed.com) who keep tabs on the guys (and gals) who tell you that millions are there for you — without a lot of hard work.

Published: Aug 26, 2007


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