I got a little nugget about Cricklewood. It reportedly sold off it's only asset, valued at $150k and paid directly to Len.
I've been told that Cricklewood (named after the street Len grew up on, I hear) is a sort of shell corporation that formerly owned the land that St. Francis school sits on and it charged St. Francis a usurious rent, even though the same person owned them both.
Former employees report being required to purchase a $2500.00 share each of Cricklewood, with Len owning 51%. Reportedly, the IRS forced Cricklewood to sell the land to St. Francis in 2004(currently looking for/farming documents/tax records, etc. if anyone has anything to offer).
Sounds exactly like HLA, Inc. and Hidden Lake Academy - one owner, two businesses, one renting from the other for a huge sum.
Anyone here know anything about this type of arrangement in legal terms? Any tax lawyers care to offer some insight?
Anyone have any more information on Cricklewood?