- 6 - Mr. Key’s Arrest, the Money in His Possession When Arrested, and Petitioners’ Conviction On or about November 28, 1995, under an alias, Mr. Key was staying at the Hilton Hotel in Anaheim, California. On that date, the Anaheim Police Department arrested Mr. Key and seized from him cash totaling $302,515.25 and postal money orders totaling $15,750. In November 1995, the Riverside County Sheriff’s Department seized from Mr. Key 24 cashier’s checks, made out to him, totaling $105,175. These checks were for the following amounts: 1 for $2,250, 1 for $3,000, 1 for $4,325, 2 for $1,300, 2 for $4,000, and 17 for $5,000. Many of the checks are numbered sequentially and were purchased on the same date. On June 29, 1998, petitioners were convicted of separate counts of unlawfully preparing and operating an endless chain scheme in violation of California Penal Code section 327 for their activities in connection with The Ultimate Comeback.6 Petitioners’ Tax Returns Petitioners informed a revenue officer that they did not have any income for 1993 and 1994 for which U.S. Individual Income Tax returns needed to be filed. During 1993, petitioners filed bankruptcy and were discharged in 1994. On February 24, 1997, petitioners filed their 1995 joint 6 The appellate court affirmed petitioners’ convictions and the Supreme Court of California denied petitioners’ petition for review. People v. Key, No. S091405, (Cal., Nov. 15, 2000).Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011