02-10-2018, 10:57 AM
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#238
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Member
Join Date: Jul 2008
Location: Natal Transvaal
Posts: 5,631
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Re: First Post kumbaya
Quote:
Originally Posted by Koinonia
January 9, 2003
Dear Brother Liu Suey,
This letter is to inform you as a member of the Board of Directors of Living Stream Ministry that there is a special urgent meeting of the entire board of directors, including the recently appointed members, scheduled for Lord's Day, January 19, 2003 at 4:00 p.m. in the conference room of building 4, 2431 W. LaPalma Ave., Anaheim, Ca.
The purpose of this meeting is to give opportunity to the children of Brother Witness Lee to present their view of Brother Lee's will and to make claim to the execution of that will according to their view. For this reason the Board will allow a limited amount of time to their presentation.
It is very important that all the members of the Board be present for this special meeting. If you are coming from a distance and need transportation and/or hospitlaity please respond to this letter either by mail or email to me at franisb@lords.move.org. We will be happy to provide arrangements for you.
Grace to you and the enjoyment of the Christ be your portion,
Francis D. Ball, secretary
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On Francis D. Ball secretary for Lee family business dealings
Quote:
Originally Posted by Elden1971
My walk with the Lord began 60 years ago in Okemah Oklahoma where I experienced my first church split due to the pastor involving the members in a business that failed. Twenty years later that experience and others would keep me from involvement in the Daystar tragedy at Elden Hall. It has been erroneously reported on this forum and others that I was the accountant for Daystar. I was the accountant for many investors in Daystar and a Business Consultant to several Brothers. I was employed as an Accountant for the Los Angeles County Government and responsible for the Payroll Clearance Fund and the Joint Power Authorities. I later had increased responsibilities in Budget Report and Data Processing Departments . . . also worked as a Business Consultant and Tax Preparer for many Brothers including Bro. Lee and Francis Ball.
I can confirm that those involved in Daystar violated Federal and State Securities Law and Federal money laundering statutes. The son of one of the sisters that invested in Daystar was and still is an attorney now living in DC who advised the brothers and me of their illegal activities. Prior to the Daystar tragedy my experience at Elden Hall was one of the best times of my Life.
Brother Lee took serious advantage of Francis and put him at serious risk. I was close friends with Francis and his wife Martha lived with us briefly before they married. Francis would and did do anything Bro. Lee asked. When I explained the potential liability to Francis he was shocked and terrified. I was greatly relieved when the statute of limitations expired as Francis would have faced serious criminal and civil consequences.
Don Hardy was shocked when he discovered Phillip Lee was "cooking the books" in other words maintaining two sets of books. Don was outraged and resigned as an officer. Bro. Lee was himself an accountant and had to be complicit with Phillip as he personally funneled money through Francis and others. I have direct proof of this as I prepared the tax returns for Francis and heard first hand from him that Bro. Lee gave him the funds and told him what to do with them and of course I saw the actual bank statements.
Brother Lee and others were advised by Benton Fonner of the illegal and fraudulent nature of the Daystar offering. Daystar was the pivotal turning point for Brother Lee and Phillip and Timothy in the US. It is well documented of their previous business failings in Taiwan and the Phillipines. Bro. Lee came to me in Anaheim asking for Business advice as I had successfully invested for 39 Chinese clients in Taipei, Tainan and Brazil as well as Anaheim and had gained their trust and respect. I later traveled to Taiwan to meet personally with two brothers in Taipei and the other in Tainan. One of my sons has lived in Taiwan for 6 years and two years in China. I visited Beijing for 3 weeks about 3 years ago. I have been retired for 7 years and have no interest in discussing Daystar except to set the record straight. I knew personally all the major players and most of the investors and can say in summary that it was a disaster.
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"Freedom is free. It's slavery that's so horribly expensive" - Colonel Templeton, ret., of the 12th Scottish Highlanders, the 'Black Fusiliers'
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