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billryan
billryan
Joined: Nov 2, 2009
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Mission146
September 3rd, 2021 at 5:23:13 PM permalink
My friends Grand-father inherited his family business sometime in the 1960s. It was mostly a jobber , producing games for other companies although it owned a couple of big time games. In the 1980s, they obtained the rights to a new game that shook up the industry and for the next few years it was like printing money. The company sold, his grandfather walked away with about forty million, and my friend was gifted a financial vehicle that gave him $20,000 a month for life, plus money to buy a house and educate his kids. Each of my friends kids got $5,000 a month for life and money to buy a house. I think the kids got more money when they graduated.
His oldest son was always a bad seed. In high school, he bought hundred dollar copies of original paintings his uncle had, swapped them out for the originals and then sold them to a shady art dealer. It caused a local scandal but no arrests were made. About ten years ago, as a thirty year old, he bought a copy of a painting for $500, stole the paperwork for the original and tried to sell it in Florida for a million dollars. He got a slap on the wrist, made a donation to the right charity and paid a fine. He also signed an agreement to never sell art again. Now he is in trouble again, acting as a go-between in a deal where a group invested 2.6 million dollars for art appraised at 6.2 million. Receipts indicate he paid less than $50,000 for the copies he passed off as originals.
It was part of a bigger scam where rich people buy art, supposedly leave it in transit because sales taxes are due on delivery and by not receiving a $100 million painting, you save nine million in sales tax. They buy high quality repros and leave them in the duty free storage zones where they are considered in transit. He took it a step further and gave them two sets of fakes. He's out on $50,000 bond.
gamerfreak
gamerfreak
Joined: Dec 28, 2014
  • Threads: 51
  • Posts: 3365
September 3rd, 2021 at 5:41:07 PM permalink
Quote: billryan

My friends Grand-father inherited his family business sometime in the 1960s. It was mostly a jobber , producing games for other companies although it owned a couple of big time games. In the 1980s, they obtained the rights to a new game that shook up the industry and for the next few years it was like printing money. The company sold, his grandfather walked away with about forty million, and my friend was gifted a financial vehicle that gave him $20,000 a month for life, plus money to buy a house and educate his kids. Each of my friends kids got $5,000 a month for life and money to buy a house. I think the kids got more money when they graduated.
His oldest son was always a bad seed. In high school, he bought hundred dollar copies of original paintings his uncle had, swapped them out for the originals and then sold them to a shady art dealer. It caused a local scandal but no arrests were made. About ten years ago, as a thirty year old, he bought a copy of a painting for $500, stole the paperwork for the original and tried to sell it in Florida for a million dollars. He got a slap on the wrist, made a donation to the right charity and paid a fine. He also signed an agreement to never sell art again. Now he is in trouble again, acting as a go-between in a deal where a group invested 2.6 million dollars for art appraised at 6.2 million. Receipts indicate he paid less than $50,000 for the copies he passed off as originals.
It was part of a bigger scam where rich people buy art, supposedly leave it in transit because sales taxes are due on delivery and by not receiving a $100 million painting, you save nine million in sales tax. They buy high quality repros and leave them in the duty free storage zones where they are considered in transit. He took it a step further and gave them two sets of fakes. He's out on $50,000 bond.

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    gordonm888
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    gordonm888
    Joined: Feb 18, 2015
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    Thanks for this post from:
    Mission146
    September 3rd, 2021 at 5:46:27 PM permalink
    Praise for Mission and Billryan for two stories that I would categorize as "Highly miscellaneous" and thus, right down the middle of the lane of this thread. LOL, you can't get more non-sequitor than these.

    I actually think Billryan could publish a book* which was a collection of his anecdotes that have been posted in this forum. His anecdotes are always well-written, brisk and usually reveal some practical aspects of negotiating life that don't get much attention.

    *I can't guarantee that anyone would buy it, though. I don't have sense on the publishing market.
    So many better men, a few of them friends, are dead. And a thousand thousand slimy things live on, and so do I.
    Mission146
    Mission146 
    Joined: May 15, 2012
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    • Posts: 14617
    September 3rd, 2021 at 6:14:08 PM permalink
    Id buy it, but I demand an autographed copy.
    https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
    Dieter
    Administrator
    Dieter
    Joined: Jul 23, 2014
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    September 3rd, 2021 at 7:01:28 PM permalink
    Quote: Mission146

    I don't ask questions when someone hands me $100.



  • A fine policy.
    May the cards fall in your favor.
    AxelWolf
    AxelWolf
    Joined: Oct 10, 2012
    • Threads: 151
    • Posts: 19809
    September 3rd, 2021 at 7:05:09 PM permalink
    Quote: Dieter

    Quote: Mission146

    I don't ask questions when someone hands me $100.



  • A fine policy.
  • link to original post

    Not always.
    ♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
    Dieter
    Administrator
    Dieter
    Joined: Jul 23, 2014
    • Threads: 8
    • Posts: 2000
    September 3rd, 2021 at 7:13:57 PM permalink
    Quote: AxelWolf

    Quote: Dieter

    Quote: Mission146

    I don't ask questions when someone hands me $100.



  • A fine policy.
  • link to original post

    Not always.


  • Fair enough. I think I can recall an instance where I declined a $200 tip... but that wasn't $100, so it's an apples to apple comparison.
    May the cards fall in your favor.
    lilredrooster
    lilredrooster
    Joined: May 8, 2015
    • Threads: 184
    • Posts: 3891
    September 9th, 2021 at 3:22:29 PM permalink
    _______


    it's a brave new world
    .




    .
    "𝘣𝘦𝘭𝘪𝘦𝘷𝘦 𝘩𝘢𝘭𝘧 𝘰𝘧 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘴𝘦𝘦 𝘢𝘯𝘥 𝘯𝘰𝘯𝘦 𝘰𝘧 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘩𝘦𝘢𝘳"______Edgar Allan Poe
    lilredrooster
    lilredrooster
    Joined: May 8, 2015
    • Threads: 184
    • Posts: 3891
    September 15th, 2021 at 2:20:01 AM permalink
    ___________


    I used to watch a lot of the true crime stories on TV - but I became tired of them and stopped


    but this is maybe the most bizarre one I've ever heard about
    high powered S.C. attorney Alex Murdaugh hired an ex client to kill him so his son could collect a $10 million dollar insurance policy
    incredible - to me anyway


    https://www.counton2.com/the-murdaugh-investigation/sources-arrest-made-in-connection-to-shooting-of-alex-murdaugh/


    .
    "𝘣𝘦𝘭𝘪𝘦𝘷𝘦 𝘩𝘢𝘭𝘧 𝘰𝘧 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘴𝘦𝘦 𝘢𝘯𝘥 𝘯𝘰𝘯𝘦 𝘰𝘧 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘩𝘦𝘢𝘳"______Edgar Allan Poe
    darkoz
    darkoz
    Joined: Dec 22, 2009
    • Threads: 261
    • Posts: 8725
    September 17th, 2021 at 11:38:07 PM permalink
    My three year old is getting me in hot water everywhere we go now.

    A week ago he saw I had some candy bars. I had a Snicker's bar and told him he will love this, as I opened the wrapper and gave it to him.

    He agreed he loves Snicker's.

    -----------------------------------------------

    The problem is he can't say his damn s'.

    Snakes? He is scared of 'Nakes.

    School? He wants to go to 'cool.

    Snicker's? He is telling everyone he loves . Oh hell, I can't.

    And no, this isn't a joke. He really is doing this. The more his mom and I yell at him, the more he laughs and screams out loud he loves...
    For Whom the bus tolls; The bus tolls for thee

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