Financial Guru Cook, Wife Accused of Hiding Millions

Summary


SEATTLE (AP) Asset protection guru Wade B. Cook and his wife were charged Thursday with eight counts of tax fraud, conspiracy and obstruction of justice. Federal prosecutors accused the couple of concealing nearly $8.9 million in royalties from 1998 to 2000.

Cook, 56, and his wife, Laura, 52, were charged in U.S. District Court here. The couple have a rural home near Fall City, about 25 miles east of Seattle.

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Extract


Financial Guru Cook, Wife Accused of Hiding Millions

Cook has conducted hundreds of seminars on asset protection, stock market investing, real estate acquisition and avoidance of income tax, the U.S. attor...

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