United States District Court, D. Oregon. PHOENIX, ARIZ. Glenn W. Turner, a farmboy who built and lost a multimillion-dollar financial empire with his pyramid sales schemes, lost his freedom Thursday. 0000005276 00000 n
Wk. Oaks pleaded guilty last year to one felony count of operating an illegal pyramid scheme and agreed to testify against Turner and Rechtor. Food delivery services such as Grubhub and Postmates included restaurants on their platforms that didnt have contracts with them. 0000031782 00000 n
It's easy and secure. Although Turner was never convicted of a criminal charge, he received probation in a mailfraud case after arranging with the prosecution to plead no contest to a lesser charge. Charges were then dropped against Bailey. "Holiday Magic Inc.: An Anatomy of a Scam", United States Securities and Exchange Commission, MLM Law - Lawyer Grimes & Reese PLLC - Attorney Specializing in Multilevel Marketing - HOLIDAY MAGIC, INC., ORDER, ETC., IN REGARD TO ALLEGED VIOLATION OF SEC. No surprise, trust is cratering. Mr. Turner's business, osten sibly, is cosmetics, the keystone product in a bizarre conglom erate called Glenn W. Turner Enterprises, Inc. (Javice has denied the banks claims.) startxref SAN DIEGOGlenn Arcaro of Los Angeles pleaded guilty today in federal court for his participation in a massive conspiracy involving BitConnect, a cryptocurrency investment scheme, which defrauded investors from the United States and abroad of over $2 billion. (As for The Apprentices more famous host Donald Trump, a nepo baby who cosplayed a successful mogul on the show we all know how that turned out.). Glenn W. Turner, who was frequently described himself as a "harelipped sharecropper's son" (leaving some doubt as to which of them was afflicted), built an ephemeral fortune on a pyramid. But Dougherty denied bond and ordered both men to begin serving their sentences immediately. 0000007782 00000 n
The main portion of the building is wide and round, while the top features a design that is fort-like in nature. Two years later he founded Dare to be Great, a motivational program similar to the later Challenge. GLENN W. TURNER ENTERPRISES, INC., a Florida corporation, et al., Defendants. Since his victims were usually the little people, the guys who are always getting it in the neck from the system anyway, it was a matter of hitting cripples. . What does it mean for a nation to valorize faking it as a means to an end and is there any way for Americans to turn back? But when the claim has little to no basis in reality, it will almost certainly lead to failure and, as Turner discovered, to oblivion. The company called Zolene was about to go out of business. Just when one has about decided there is little more one wants to know about the harelipped sharecropper's son, the book changes focus to the years of various legal proceedingssecurities irregularities, mail fraud, obtaining money through false pretensesthat finally stopped the unstoppable Turner. Its inherently manipulative, deceptive, fraudulent, inauthentic, says Robert L. FitzPatrick, co-author of False Profits: Seeking Financial and Spiritual Deliverance in Multi-Level Marketing and Pyramid Schemes. Yet, he adds, its just entered the culture, and its completely normalized.. Senate. 0000045154 00000 n
On May 16, 1974, a compromise settlement with approximately 31,000 class members, establishing a trust fund worth $2,600,381, was approved by the court. xref DeMuro, RG. But his empire collapsed after state and federal investigators accused him of operating pyramid schemes that bilked thousands of investors. What a fine madness it was, the heyday of Dare to Be Great. [1] Distributors for Holiday Magic, who took the course, have considered it as a Holiday Magic Business expense. [11], In 1973, a federal judge in Pittsburgh combined more than 1,000 lawsuits by unhappy Koscot investors and regulatory officials into "a single class-action lawsuit seeking more than $900 million. 0000037159 00000 n
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Generally, the product or service is of poor quality, overpriced, or has no purpose other than as a ploy to give the company the appearance of legality. But it draws on older strains in American life, marrying psychological concepts on how to change human behavior with the positive-thinking self-help culture that might as well be Americas unofficial state religion. "Franchising in Hard Times: Hearing Before the Committee on Small Business, House of Representatives. The saying became so pervasive in Amway that it would be the title of a 1980s expos by Phil Kerns. Mr. Maxa, Washington Post reporter, describes this ripe chapter in the annals of Boobus Americanus with clarity and an eye for the juicy detail. "There have been a lot of books written about Mr. Turner," said Barnett Lotstein, the assistant attorney general who prosecuted the case. <<7C981AD2C2A8B2110A00B0784D58FC7F>]/Prev 803466>> Turner, though, had hired a lawyer for his sentencing Thursday. The promised El Dorado, however, was reserved for those who put up the requisite amount for becoming distributors; this gave them the right to sell distributorships to others, retaining a healthy percentage of the fee. [28] The Mind Dynamics course was described as providing "a means of achieving personal success through the conscious use of the subconscious mind". [15] Larry Stephen Huff, another key individual in the company, served two years in a Federal Prison, for charges related to a Ponzi scam (unrelated to Holiday Magic).[21]. Marjoe knew, Clifford Irving knew, but Mr. Maxa, who doesn't seem to be just anybody's fool, honestly believes that Turner honestly believed that he was honest. that our program was a crime," he said. 0000009459 00000 n
[12] The indictment said that Bailey had appeared in a film made for Turner's organization and had appeared with Turner at several rallies. "I think the court's ruling today put the final period in the final chapter of the book on Glenn Turner.". House Committee on Small Business, 1991. By the time one arrives at the scene with the Washington lawyers who helped keep Dita Beard under wraps and the description of an old O.S.S. TimesMachine is an exclusive benefit for home delivery and digital subscribers. Glenn Turner was, as he liked to tell anyone within earshot of his pitch, sharecropper's son and a gradeschool dropout and had a harelip (albeit corrected by surgery) who had lifted himself up by his expensive unborncalfskin bootstraps to the leadership of a $100 million business empire. But what he is actually selling, he . Our intent was never to go out and commit a criminal act., Later, as he was leaving the courtroom in handcuffs, Turner told reporters, I think history will tell what I really was. Glenn W. Turner, 53, was sentenced along with Edward G. Rechtor by Superior Court Judge Bernard J. Dougherty, who said he had received scores of letters on behalf of the two Goldenrod, Fla., men. 0000003297 00000 n
Prosecutors said Challenge officials misled investors by telling them they would not have to put up their own money. Turner, imprisoned in Arizona prison for fraud, has owed the IRS millions of dollars in back taxes for more than a decade, and the agency has succeeded in foreclosure proceedings against the property in Seminole County. A technicality of the law is what got me., But Barnett Lotstein, an assistant state attorney general who helped prosecute the case, said the sentences satisfied the interest of justice.. See the article in its original context from. This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. [1] In 1971, the Federal Trade Commission filed a lawsuit against Koscot, charging restraint of trade. I have remorse for these people that did not benefit by what we set out to do. The Dream, a podcast about multi-level marketing, discussed Holiday Magic and William Penn Patrick. It is a story that will finally end Thursday in Phoenix, Arizona, where Turner, who turns 53 on Wednesday, faces a potentially long prison sentence for the fraud convictions last month that. It is here that Mr. Maxa shows unusual ability to compress tedious and protracted legal wrangles (one trial lasted nine months) into an absorbing account. Turner, 53, created a $300 million empire in the 1970s by selling distributorships in his Dare to be Great and Koscot International companies. The judge refused and the men were led away to jail by deputy sheriffs after they gave their wallets, watches and jewelry to friends in the courtroom. Glenn W. Turner worked briefly for Holiday Magic in 1966. See the article in its original context from. Turner, 57, served nearly two-thirds of a seven-year term in Arizona for fleecing investors in a scheme for distributing motivational tapes. 0000001769 00000 n
72-390. [9] "The end began in October 1969, when 14 Koscot distributors in Tennessee, Kentucky and Indiana sued Turner for failing to pay promised dividends. 0000005760 00000 n
[19] Tobias poked fun at the pyramid nature of the organization, in his book The Only Investment Guide You'll Ever Need, telling readers to be wary of "..Holiday Magic - where the big money to be made was not in selling cosmetics, but in selling franchises to sell franchises (to sell franchises).."[20] Howe wrote in the San Francisco Chronicle that Holiday Magic was "..one of the largest of all pyramid schemes.."[21], Holiday Magic is used as an example in graduate level criminal justice coursework to analyze the nature of corporate scams. Attorneys for the two said their convictions would be appealed and asked that they be freed on bond until their appeals are heard. 0000007360 00000 n
[3], The company was termed as part of the "big three" scams, in a 1974 United States Senate hearing before the Consumers of the Committee on Commerce that dealt with pyramid sales. Employing a pyramid selling scheme and an evangelical, downhome platform style, Turner cajoled thousands of ordinary folks into putting up varying amounts, in return for which they would sell Turner's beauty products. [1] To form the pyramids of success, many directors, larger numbers of supervisors, salespeople and still more customers were needed. Turner, the son of a South Carolina sharecropper and a self-styled country boy, rose to fame in the early 1970s through inspirational speeches that promised great wealth if people bought distributorships in his operations. To preserve these articles as they originally appeared, The Times does not alter, edit or update them. [7] Disillusioned recruits testified against Turner or his companies, and one judge cited the phrase ('fake it until you make it') as evidence of malfeasance. PHOENIX, ARIZ. Glenn W. Turner, a farmboy who built and lost a multimillion-dollar financial empire with his pyramid sales schemes, lost his freedom Thursday. Government needs to return to enforcing meaningful financial regulation; politicians and entrepreneurs who deceive their supporters need to face consequences. the Glenn Turner modification is a good one. The empire collapsed in the early 1970s when authorities accused Turner of violating laws against pyramid sales, in which investors at the top make a fortune and those who get in later lose money. 0000045154 00000 n
U.S. District Court documents in Orlando indicate there are dozens of other Turner creditors, but it is unlikely they will be paid from any proceeds from the Castles sale, officials said. Stewart was behind the societal curve. NEWS RELEASE SUMMARYSeptember 1, 2021. 0000007782 00000 n
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[5][29], William Penn Patrick bought Mind Dynamics in 1970. The castle and boathouse have been vacant for several years, and the castle has been used only for tours by the public for charitable events. Under this type. Glenn W Turner, who started in Network Marketing in the late 60s and you will be blown away by the income earnings that he shares from that time. 0000023769 00000 n
There being no provision in either law or morality for fraud without intent, it's hard to figure out what that makes Glenn Turner. "Challenge had a positive effect on all of our lives," said one woman who was crying in the hallway outside the courtroom. The Last Podcast on the Left, a podcast covering topics like serial killers, conspiracy theories, and cults, discussed Holiday Magic on a 2023 episode about David Miscavige. 0000008799 00000 n
Abe F. March held several executive positions for Holiday Magic and parent company U.S. Universal; Regional Vice President, Canada (19711972), Vice President, Greece (19721973) and Managing Director for Sta-Power, Germany (1973). "And so can you," they would tell the crowd. [10] The FTC's decision on Koscot set a precedent for defining if a company is engaging in illegal pyramiding. Turner was a former sewing machine salesman and son of a South Carolina sharecropper and an unwed mother, born with a cleft palate and a hair lip, who dropped out in the eighth grade, did a short stint in the U.S. Air Force before successfully finishing a school for those who had dropped out of high school. Warren., 497 F.2d 687., C.A.Wis. Glenn W. Turner worked briefly for Holiday Magic in 1966. JPMorgan Chase fell for Frank, a college financial planning outfit whose customer base it later (allegedly) discovered was mostly made up of fake email addresses created at the behest of founder Charlie Javice. Turner, Rechtor and a third man, Alan K. Oaks, were accused of defrauding Arizona residents who were promised incomes of $1,000 to $3,000 a month if they invested $5,000 to become sales people for Challenge Inc. Investors were subjected to highly emotional sales and promotion techniques in a process described by company insiders as jacking up prospects, Assistant Attorney General R. Jeffrey Woodburn said during the trial. Select the best result to find their address, phone number, relatives, and public records. Some of the most famous pyramid schemes in U.S. history. Annotated bibliography on chain letters and pyramid schemes. ORLANDO, Fla. (AP) _ A three-story, 16-room castle owned by onetime motivational entrepreneur Glenn Turner is going on the auction block, with the Internal Revenue Service and other creditors splitting the proceeds. "Pyramid Sales: Hearing Before the Subcommittee for Consumers of the Committee on Commerce, United States Congress", 1974, United States Congress, Pp. Turner and Rechtor, who also received seven years, were convicted in July of 19 counts of conspiracy, fraud and promoting a pyramid scheme. Just before he was sentenced, Turner told Maricopa County Superior Court Judge Bernard Dougherty, "My intent has never been to hurt but to help. Two dwarfs would hop out and unroll a red carpet. In August 1972, he was charged with "86 counts of sale of unregistered securities and failing to register as a dealer". 2(a) OF THE CLAYTON ACT Docket 8834 (1974), MLM Law - Lawyer Grimes & Reese PLLC - Attorney Specializing in Multilevel Marketing - Marshall v. Holiday Magic, Inc. (1977) 550 F.2d 1173, Door to Door Selling, Pyramid Selling, Multilevel Marketing, "L.A. Con Artist Behind Alleged Electricity Scam: Pyramid scheme linked to coming deregulation", "First Amendment Protection for Commercial Advertising: The New Constitutional Doctrine", "The Chaos of Multilevel Marketing and Pyramid Sales Laws: A Federal Remedy", In Re Koscot Interplanetary Inc., 86 F.T.C. Citation Needed, a podcast, has an episode about William Penn Patrick (and Holiday Magic). In the lawsuit, Avon Products' claimed that "Holiday Magic employees distributed leaflets accusing Avon of goon squads, paying off The District attorney's office.."[7], In June 1973, the United States Securities and Exchange Commission filed a lawsuit against Holiday Magic,[8] charging Patrick with "bilking some 80,000 people out of more than $250 million through his Holiday Magic cosmetics and soap empire. [28], Ben Gay, a high-level instructor at Leadership Dynamics, was President of Holiday Magic in the United States. 124., July 6, 1977. "If anyone was hurt in our program, I am extremely sorry. But his empire collapsed after state and federal investigators accused him of operating pyramid schemes that bilked thousands of investors. In 1964, after a bankruptcy and several business failures, Patrick (age 33) was walking by a garage in San Rafael, California, and noted that fruit-scented cosmetics were being sold. Turner, the son of a sharecropper, told people they could all be rich and successful like him if, that is, they made an investment in his multi-level marketing company. torture involving a mouse that was supposed to eat a recalcitrant witness's heart (Good Lord! As he was led off to jail, he told reporters: The good that I have done outweighs the bad. 84 F.T.C. Anyone can read what you share. Best Match Powered by Whitepages Premium AGE 80+ Glenn Turner Houston, TX (Inner Loop) View Full Report Addresses Yoakum Blvd, Houston, TX And as Turner understood, making lots of money will get you almost anything, including an invitation to lecture at the Harvard Business School. The $5,000 investment paid for motivational seminars and tapes, but the indictment said the real business of the pyramid operation was to induce more people to invest money to become salespeople who, in turn, were expected to recruit others. He first pushed cosmetics and later a motivation course called Dare to Be Great. ", "Opinion This all-but-forgotten con man sold America on 'fake it till you make it', Juice Plus AKA National Safety Associates, European Grouping of Marketing Professionals, https://en.wikipedia.org/w/index.php?title=Koscot_Interplanetary&oldid=1142208959, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 1 March 2023, at 02:56. In 1967 Turner borrowed $5,000 to start his Koscot Interplanetary Inc., a cosmetics firm in which distributors could sell other distributorships for commissions. He then started two multi-level marketing companies, Koscot Interplanetary, selling cosmetics, and Dare to Be Great, selling motivational and self-improvement courses. %%EOF Civ. Glenn W. Turner, 53 years old, was sentenced along with Edward G. Rechtor by Superior Court Judge Bernard J. Dougherty. [18] Clarke referred to the company as an "illegitimate" business. 0000002742 00000 n
As far as Ive been able to discover, these are among the first times that this now commonplace phrase received prominent mention in the media. [28] Holiday Magic distributors were invited, though not required, to attend the Leadership Dynamics Institute self-improvement sessions at a cost of $1000 each. [28], CEO and President Roland R. Nocera pleaded guilty to securities fraud, in the case United States v. Nocera, et al. Turner barely escaped jail in 1975 when a federal jury in Florida was unable to reach a verdict after a nine-month fraud trial. 235 37 [13], The company was cited by the United States House of Representatives in a 1975 hearing[14] as an example of consumer fraud, again in 1977,[15] and in 1991, in a hearing by the House Committee on Small Business. 0000003018 00000 n
Glenn W. Turner, a farmboy who built and lost a multimillion-dollar financial empire with his pyramid sales schemes, lost his freedom Thursday. A technicality of the law is what got me. By the time he died in 2020, it took more than a year for a newspaper reporter to stumble across his Legacy.com obituary and make note of his death. "They have for years.". Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. Lotstein said he doubted the money would ever be collected. 0000001036 00000 n
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[7], When some salespeople found customers in short supply, Turner encouraged them to 'fake it until you make it,' by wearing expensive clothes and waving around $100 bills to lure in others". As we transitioned from a society that manufactured things to one whose products were intangible, reality was increasingly in the eye of the beholder or the pitchman. But nowhere has the ethos of fake it found more fertile soil than in Silicon Valley, where the line between optimism and deceit can admittedly be a fine one. But that came later. PHOENIX, Ariz. -- Promoter Glenn Turner, who became a millionaire through self-motivation businesses, was sentenced with his business partner to seven years in prison Thursday for defrauding. <>stream
Turner and his best friend, Edward G. Rector, were each sentenced to seven years in state prison. This is a good little book about an earnest con artist who ripped off the American public for $75 million. If he never quite tells us what made Glenn Turner runthat is was he a con artist or merely an overeupeptic free enterpriser?no one else knew either, including perhaps Turner. [5] Though he claimed Leadership Dynamics was a separate company, "..in no way related to Holiday Magic, Inc.", Gene Church pointed out many inconsistencies in this statement, in his book The Pit: A Group Encounter Defiled. 0000005276 00000 n
1973), participants in a pyramid sales scheme were found to be security holders, since they invested their funds in a common scheme dependent for success directly upon the collective sales efforts of the organization. [6], In February 1973, Holiday Magic was sued for calumny by Avon Products. This book may be edifying but, having long believed, considerable evidence to the contrary notwithstanding, that The People Is Not Dumb, I found it depressing. . [5] . Turner's fame and wealth was to be an inspiration for others to buy franchises so that "they could all be rich and successful like him". After more than a decade of court cases, Turner was convicted in 1987 for running a Ponzi scheme. They drove new Cadillacs and wore alligator shoes. 0000004799 00000 n
Bids on the Castle property will be advertised over the next few weeks to notify any other bidders of the pending sale. [3] As Mr, Maxa notes, Americans have always had a weakness for successful rogues. Even then, he never stopped explaining. 0000043655 00000 n
Thus one gets sentences such as Meanwhile, in a downtown Frankfurt prison, thirtyeightyearold Turner astounded a U.S. State Department official who visited his cell to explain that the British had requested his arrest on possible charges of fraud in England. Fine time to find out Turner's age. DARE TO BE GREAT. mid plans has focused on a single organization, Glenn W. Turner Enter-prises, Inc., a holding company with 68 subsidiaries3 including the two most successful and most maligned pyramid schemes, DG and its sister company Koscot Interplanetary, Inc. Their supporters need to face consequences need to face consequences to go out of business a 1980s by! Bond and ordered both men to begin serving their sentences immediately later a motivation course called to! Called Dare to be Great, a high-level instructor at Leadership Dynamics, President! A scheme for distributing motivational tapes restaurants on their platforms that didnt have contracts with them work... 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