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Atlantis Management Services LLC. HGAMC obtained a 59-percent
membership interest. Other members included Barton Richardson
and Mr. Richardson, who served as the managing member. A second
limited liability company, Apache LLC, was created at some point
not identified in the record. HGAMC received a membership
interest in this entity of approximately 90 percent, and
Mr. Richardson again served as the managing member. Aegis sent a
letter to clients in June of 2000 recommending that an LLC
structure be implemented to “take your future trust returns ‘off
the radar screen’ for audit.”
On January 10, 1997, and January 22, 1998, the board of
directors of HGAMC approved charitable donations to be made to
HGRCT of $259,888 for the 1996 year and $51,299 for the 1997
year. During calendar years 1996 and 1997, HGRCT made no
charitable distributions. On January 27, 1998, the HGRCT board
approved charitable contributions totaling $12,994 to be made to
the American Cancer Society, Berea College, the Wellness
Community, Young Life, the Salvation Army, and New Richmond
Elementary School. Acknowledgments from each of these
organizations confirm that donations were received in 1998,
although the amount in one instance appears to be $500 greater
than that initially approved by the board. A similar pattern of
contributions continued in 1999 through 2002.
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