Saturday, March 16, 2013

Leonard Cohen Really Should Stick To Fiction And His Adoring Fan Groupies And Biographers



From: Kelley Lynch <kelley.lynch.2010@gmail.com>
Date: Sat, Mar 16, 2013 at 3:12 PM
Subject:
To: "*irs. commissioner" <*IRS.Commissioner@irs.gov>, Washington Field <washington.field@ic.fbi.gov>, ASKDOJ <ASKDOJ@usdoj.gov>, "Kelly.Sopko" <Kelly.Sopko@tigta.treas.gov>, "Doug.Davis" <Doug.Davis@ftb.ca.gov>, Dennis <Dennis@riordan-horgan.com>


To the IRS Commissioner's Staff,

I have briefly reviewed Leonard Cohen's retaliatory lawsuit that arose when he heard I had reported his tax fraud to the IRS.  I think there are a few relevant points.  

There were two deals:  1997 LCSM sale (which seems to include Steven and Marty Machat's share of intellectual property that Cohen concealed from me and possibly others).  2001 sale which 1) was not reported on the 2001 tax returns; 2) my promissory note was extinguished from the tax return in 2002 - using a separate tax ID number; and, 3) the annuity itself was extinguished from the tax return in 2003.  All of this was done for Cohen's benefit by his tax lawyer who wrote me in the fall of 2004 that he never represented me and Traditional Holdings, LLC is a real entity with real obligations which is quite amazing since the annuity itself was extinguished.  

Leonard Cohen received $1 million income advance from Sony in 1999 which should have been deposited to TH.  He did not pay taxes on that in the year 1999 and elected personally to take that as a loan.  The IRS audited this and he did not pay $500,000 in taxes so I have no idea what that amount relates to in the description of his personal transaction fees - paid by TH, a corporation Leonard Cohen has treated like his own private piggy bank.  Without even looking at other distributions to him - he received $1 million personally in 1999; paid at least $2.7 million in personal transaction fees; and bought houses worth at least $597,000.  We are now at $4.3 million and that's before Greenberg's commissions are taken into consideration.  Cohen hired him.  He met with him.  Signed all the paperwork, etc.  Leonard Cohen simply cannot stop lying.  He personally hired Arthur Indursky and Greg McBowman, met with them, and signed agreements hiring them.  He didn't know he had to pay them for their services?  How preposterous.  That's why he defrauded Peter Lopez of approximately $90,000 and his assistant, Christian, told me - after Peter's death that Cohen never paid Peter Lopez which is an outrage.  

My management fee was 15% of gross earnings dating back to 1988.

The non-revocable assignments include all intellectual property dating back to 1967, including copyrights eleven books.  Cohen's insane tax lawyer proposed a cap gains scheme with respect to my commission and I refused to engage in such dangerous folly.  The assignments were non-revocable, Cohen understood this, and they were never rescinded and the entities were not unwound (whatever that means), per the lawsuit.

LC Investments was created because CAK demanded a bankruptcy proof entity.  SOCAN refused to pay royalties to an entity that was not owned 100% by the writer but that does not give Cohen the right to defraud me.  

I would like a formal IRS opinion - do you agree:  this transaction was Cohen selling something to himself?  If so, what did he sell to himself?  Did he sell my share of IP to himself also?

The TH management agreement called for payments to me of $20,000 per year and $20,000 per month.  As I understood it, this was to help with taxes but no one would give me a K-1 or address anything whatsoever.  What is the over $300,000 in phantom income I paid taxes on - re. TH - on my 2003 tax returns?  Did I voluntarily pay a charitable donation to the IRS for Leonard Cohen's taxes?  No, I did not.  

I repeatedly requested promissory notes but these loans were documented by Greenberg so what's the issue actually?  Westin prepared them in the name of LC Investments because - as Kory advised me - the intention was to roll TH back into LC Investments, LLC which Ken Cleveland ultimately told me would have been illegal.

I had no books and records.  The corporate books and records for TH, LCI, and BMT were transmitted to Greenberg, Glusker (who represented Cohen initially).  

Apart from that, the lawsuit is absolute and utter garbage.  It is the equivalent of THE DOG ATE MY HOMEWORK argument.  The bottom line is this - Leonard Cohen does not care if he defrauds people, steals from them, or lies about them.  That is my personal opinion.  He cares about his reputation and clearly saw the IRS, FBI, DOJ, Treasury, FTB, and Phil Spector's attorneys copied in on my emails.  The man is absolutely pathetic.  His operatives are obviously dangerously unstable.  Walsh reports back to Rice.  Well, look at Rice's testimony.  My lawyers saw right through these liars.  That's why Cohen was pissed off at the public defenders in his deranged Victim Impact Statement - where he also lied about the IRS and me.  Leonard Cohen clearly cannot stop lying.  That's why he nailed himself re. Phil Spector.  Of course, I asked my public defenders to help me nail this lunatic for Phil Spector.  

All the best,
Kelley



-- 
Question: How can you tell the difference between an attorney lying dead in the road and a coyote lying dead in the road? 
Answer: With the coyote, you usually see skid marks.