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Russ Whitney former associate David Hampton Tedder convicted David Hampton Tedder is a lawyer and a former associate of Russ Whitney. When Charles Givens got sued for giving bad advice, David Tedder was quoted in the press as Givens" attorney. The jury foreman wrote that Tedder was never at the defendant' table during Givens" trial. He specialized in offshore asset protection. Tedder reportedly did some work with Robert Demes, a.k.a., Georg Aden, who is a member of Whitney' "Wealth Team" and an offshore asset-protection guy. Reportedly, Whitney cut him off for failure to attend the annual Whitney convention in Orlando one year. He was arrested on 10/21/02 at O"Hare Airport near Chicago, after having been indicted by a federal grand jury in Milwaukee, WI on 9/12/02. He was convicted of four felony counts on 6/10/03. He was sentenced in August, 2003. Here is a blurb from the U.S. attorney' news release on the arrest. [Emphasis added] Below that is the sentencing. FOR IMMEDIATE RELEASE THURSDAY, OCTOBER 22, 2002 Milwaukee, WI (414) 276-4684 DAVID HAMPTON TEDDER ARRESTED "David B. Mitchell, Special Agent in Charge of the Milwaukee office of the Federal Bureau of Investigation (FBI) announced the arrest of DAVID HAMPTON TEDDER, age 56, of Newport Beach, California. TEDDER was arrested by FBI and IRS Special Agents, without incident, on October 21, 2002, at O'Hare International Airport in Chicago,

Illinois. "TEDDER was indicted by a Federal Grand Jury in Madison, Wisconsin on September 12, 2002, as he was charged with Money Laundering and Conspiracy. The charges were the result of an extensive investigation conducted by the FBI and the Internal Revenue Service (IRS), in Wisconsin, into illegal Internet gambling by a company called Gold Medal Sports. According to the indictment, TEDDER, who is a practicing attorney, had a business relationship with Gold Medal Sports. TEDDER had been a fugitive from justice since being charged by the Grand Jury in September. Information was recently developed indicating that TEDDER would be arriving in Chicago on Delta Airlines flight #1608, which was non-stop service from Atlanta. He was met at the gate by FBI and IRS agents and taken into custody. "TEDDER appeared before U.S. Magistrate Judge Geraldine Soat Brown in Chicago, earlier today, at which time he was ordered held without bond pending his next scheduled court appearance on Friday, October 25, 2002. "Additional inquiries about TEDDER's indictment should be directed to the United States Attorney's Office in the Western District of Wisconsin at (608) 264-5158. "The public is reminded that an indictment only contains charges and that all defendants in a criminal case are presumed innocent until proven guilty in the court of law." [He was proven guilty after this news release was written.] An email posted on a news group lists a sort of history of Tedder. Among other things, he reportedly resigned from the California Bar Association with charges pending and was sanctioned by the Florida Bar for practicing law without a license there. He was also reportedly with the Charles Givens organization. Givens was a Florida guru who died while being prosecuted. Reportedly, many of Givens associates later joined Whitney. He was also involved with Global Investments, Inc. and Challenge Realty which was associated with Michael T. Warren. You can read about Mr. Warren' arrest and indictment on federal charges at my guru rating Web page. A Niagara Falls newspaper article described Tedder as ""¦David Tedder, a shadowy financial manipulator specializing in seminars on hiding assets and establishing offshore bank accounts." A news group about multi-level marketing schemes has a blurb about him which says in part: "He has been connected with several pyramid scheme scams such as IHI, My Giving Tree and DebtZero." Here is another Web site about him. it has lots of information including a transcript of the trial. Here is a link to the sentencing news release from the U.S. attorney on Tedder. And here is the news release itself in case they take down the link in the future. PRESS RELEASE J.B. Van Hollen United States Attorney Western District of Wisconsin (608) 264-5158 TTY (608) 264-5006 For Immediate Release August 22, 2003 Contact Person AUSA Dan Graber 608-264-5158 EX-LAWYER SENTENCED TO 5 YEARS IN PRISON FOR VIOLATING FEDERAL GAMBLING AND MONEY LAUNDERING LAWS Madison, Wisconsin -- J.B. Van Hollen, United States Attorney for the Western District of Wisconsin, announced that David Hampton Tedder, 56, of Winter Park, Florida, was sentenced today by United States District Chief Judge Barbara B. Crabb to five years in prison, followed by a three-year term of supervised release and $400 in special assessments. Chief Judge Crabb also ordered Tedder to pay a fine of $1,060,040, due and payable immediately with interest accruing. Additionally, the court ordered that Tedder immediately forfeit $2,765,052 in laundered proceeds. On June 10, 2003, a jury in Madison, Wisconsin, convicted Tedder of four felony counts after a week long trial. Tedder was convicted of participating in a conspiracy to operate an offshore sports book called Gold Medal Sports ("GMS") in Curacao, an island in the Caribbean. The jury also convicted Tedder of conspiring to launder Gold Medal's profits through offshore bank accounts in the Bahamas, Curacao, and St. Vincent & the Grenadines islands. Tedder was also convicted of two counts of substantive money laundering relating to the payment of intercompany billings between Gold Medal, and its parent company, Sports Spectrum, located in Nelsonville, Wisconsin. At trial, Tedder testified that he did not believe GMS was operating illegally, despite being faxed a number of documents from Gold Medal's co-owner, Jeff D'Ambrosia, which put Tedder on notice regarding the illegality of offshore sports betting. These documents included a March 1998 press release from the U.S. Attorney's Office in Manhattan, N.Y., announcing the indictment of 14 owners of offshore sports books, including Jay Cohen. The press release contained a quote from then-Attorney General Janet Reno warning those involved in this industry to stop their activities or face federal criminal prosecutions. On Tedder's cross-examination, the government presented evidence that Tedder: (a) resigned his California bar license in 2001 because of seven disciplinary findings by the California State Bar; (2) was perpetually enjoined from practicing law in Florida in 2001 for practicing law without a Florida law license; (3) was sanctioned and penalized by judges in New York and California for unethical conduct during litigation; (4) claimed to be an internationally renowned expert in asset protection without disclosing the fact that he filed two personal bankruptcies, both of which were dismissed by the court as being frivolous; and (5) failed to pay federal income taxes from 1994 to 2002, despite making nearly $1,000,000 a year in those years. At today's sentencing, Chief Judge Crabb remarked: "This is a real criminal in front of me. A person who will do and say anything to take money from people. Unfortunately, from everything I have heard about you, this is a pattern you have done your entire life." Chief Judge Crabb added "it takes an incredible amount of arrogance to do what you have done." The judge noted that even though Tedder has made charitable donations in the past, "being charitable with other people's money is not true charity and does not absolve you from criminal culpability." Tedder's convictions in the Gold Medal case cap a four-year undercover and financial investigation conducted by federal authorities into illegal offshore sports bookmaking and sports handicapping telemarketing services in Wisconsin, Las Vegas, and Florida. Tedder becomes the seventh defendant convicted of a felony offense in this investigation. According to both the defense and the government, Tedder is facing an expected indictment in Tampa, Florida for conspiracy to commit income tax fraud. Gold Medal Sports pleaded guilty to racketeering on December 4, 2001, sold its assets, and has forfeited more than $3.3 million in criminal earnings. Its main owners, Duane Pede and Jeff D'Ambrosia, pleaded guilty on December 4, 2001, to filing false income tax returns and violating the wire wagering act. Each received a five-year prison term. Pede and D'Ambrosia also paid over $1.4 million in back taxes, and fines of $100,000 each. David Howard, a Certified Public Accountant in Las Vegas, and Randy Moreau, an accountant in Miami, each pleaded guilty to an information in January 2002, that charged both men with owning a share of GMS. Attorney Bruce Meagher pleaded guilty in April 2002, to participating in the gambling conspiracy involving Gold Medal. He received one month in jail, five months of home detention, and a fine of $20,000. Gold Medal manager Rick McColley was indicted on February 21, 2002. He is currently a fugitive. U.S. Attorney J.B. Van Hollen praised the efforts of state and federal law enforcement investigators in working as a cohesive and efficient unit to target and eliminate a sophisticated and wide-ranging criminal enterprise. "Today's sentencing of a crooked lawyer and professional money launderer from Florida illustrates this office's commitment to prosecuting white-collar criminal frauds in this district, no matter where the defendant works or lives." Van Hollen noted that this case involved criminal activity in Wisconsin, as well as in Nevada, Florida, and in the Carribean. "We will use our many resources and the broad reach of our federal statutes to combat this type of crime." Van Hollen added that "being a lawyer does not shield you from federal criminal prosecution. Tedder had a duty to uphold the law, not break it, nor help his clients to break it." The charges against Tedder are the result of an investigation conducted by the Internal Revenue Service-Criminal Investigation, the Federal Bureau of Investigation, the U.S. Postal Inspection Service, and the State of Wisconsin, Department of Justice, Gambling Enforcement Bureau. The case was handled by Assistant United States Attorneys Tim O'Shea and Daniel J. Graber from the U.S. Attorney's Office in Madison, Wisconsin. # # # # This is not the first Whitney associate to be indicted. See my article on former Whitney instructor Lee Bellenger and my article on Marshall Sylver. You can see Tedder' prison record at https://inmateloc.bop.gov/locatorservlet/gov.bop.inmatelocator.FindInmateHttpServlet?Indiv=1&Index=0&Indiv=-1&MiddleName=&Results=10&SearchType=NAME&LastName=Tedder&FirstName=David&Gender=U&Race=U&Age=&DateOfBirth= John T. Reed Copyright 2003, 2004 by John T. Reed Last update 4/6/04 John T. Reed, a.k.a. John Reed, Jack Reed, 342 Bryan Drive, Alamo, CA 94507, Voice: 925-820-7262, Fax: 925-820-1259, www.johntreed.com

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