Where is all the money? La Croix has been selling membership units in these two companies without accounting for any of the money. We know $50k, $25K checks that were written to their bank account and no one can tell us where the money is. NO K-1's, nothing!
S0 back in the 80's LaCroix bought a successful restaurant in downtown Manhattan, with a promissory note. He did not pay on the note, he did not pay supplier's etc,, just took the cash, $10k, 15k, $20k per week for about 5-7 months....real money here. Restaurant was eventually shut down. Please send more info on this if you have anymore.
After that swindle, he got into securitizing mobile homes or something like that...He had a deal with Oppenheimer & Co and may have even owned or run that company until he was thrown out when they caught onto this guy.
Later, he cut some deal with Citbank and was given a high level position with Citcorp. This only lasted 2-3 weeks- they threw him out too...Anymore info on this would be welcomed too.
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