Roger Elvick learned about Treasury Direct
Accounts (“TDA”) while he was in jail for a theft conviction
during the late ‘90s. See some cases involving him linked
here.
After his release, he developed the “redemption process” which was
simply a combination of several groundless ideas then popular:
names in CAPs, UCC, birth certificates, 1933 bankruptcy, etc.
Simply stated, his contention was that TDAs had been created by
the Social Security Act of 1935, and every American had an account
with at least 630,000 bux in it. To access the funds in this
account, one only needed to “recapture” his “strawman” using UCC
procedures, and once this was done, that party could write hot
checks payable by the US Treasury.
Elvick explained this contention to Dave DeReimer and Jean
Keating, and the maddening promotion of this argument started.
Soon, seminars were being conducted all over the country.
Promoters of this argument represented to the innocents who
attended their seminars that the factual and legal bases for this
argument were correct. Please remember that gurus use fraudulent
statements to deceive the gullible.
Between 2000 and 2002, many people were recapturing their strawmen
and writing checks to buy cars, boats, and other expensive toys
and items. But soon, the indictments were flying. I conducted an
informal survey where I concluded that at least 200 people
implementing this program got into trouble by using it, mostly via
indictments. The promoters made money conducting these seminars
and selling indictments to their “customers”. But when
trouble loomed on the horizon, the seminars stopped.
Even though the redemption process was an utter failure, this did
not deter Elvick, and he never changed. In 2007, I received a call
from a woman whose husband was in a Phoenix jail for stealing a
car. She sent me a
letter
she had typed for her husband who was asking advice from Elvick
regarding how to resolve his criminal charges (this woman was not
a client of mine). But, this letter demonstrates that Elvick
always was nothing but a thief, who wore patriotic garb.
For a while, the “redemption process” was revised, but resulted in
no improvements. Before Elvick disappeared from the scene, he
taught Winston Shrout some novel ideas that became the foundation
for the disastrous “
1099-OID”
tax returns program promoted by "Dr. Sam Kennedy".
