271 0 obj endobj Unfortunately, the multi-level cosmetic company became entangled in numerous legal difficulties and went out of business in the . 0000001769 00000 n 58.95. There, it appeared as a way for people in recovery to project themselves forward into a more sober future. hb```e`` /`"\}!5|Z1O(s@Tu4t5UL- M-\\mm||=C#cbC"R32S He subsequently bought exclusive rights for Middle East distribution of Holiday Magic cosmetics and formed his own company, Beauty Magic, in Beirut, Lebanon. 0000006496 00000 n Self-help culture took that to ludicrous places: Whatever the mind can conceive and believe, it can achieve, claimed wealth guru Napoleon Hill in Think and Grow Rich.. [18] Clarke referred to the company as an "illegitimate" business. If he never quite tells us what made Glenn Turner runthat is was he a con artist or merely an overeupeptic free enterpriser?no one else knew either, including perhaps Turner. We are forever suspicious, convinced someone else wants to profit at our expense. U.S. District Court documents in Orlando indicate there are dozens of other Turner creditors, but it is unlikely they will be paid from any proceeds from the Castles sale, officials said. In 2006 he published a book (To Beirut and Back - An American in the Middle East) dealing, in part, with his experiences. 0000008424 00000 n [22] According to the Duke Law Journal: "Illegality permeated every facet of the promotion of the Holiday Magic marketing program. 0000010114 00000 n Mr. Turner and Mr. Rechtor, who also received seven years, were. Turner's fame and wealth was to be an inspiration for others to buy franchises so that "they could all be rich and successful like him". 0000004799 00000 n United States House of Representatives. (Javice has denied the banks claims.) The sentencing of Dare to be Great supersalesman Glenn Turner, convicted of operating an illegal pyramid scam in Arizona, has been delayed for a week. In 1975, Turner pleaded guilty to a single charge of violating securities laws and was given probation. [5][29], William Penn Patrick bought Mind Dynamics in 1970. Since many of them were enmeshed as much by greed as by hope, one's sympathy is tempered. (Free Speech issue - dismissed), Juice Plus AKA National Safety Associates, European Grouping of Marketing Professionals, https://en.wikipedia.org/w/index.php?title=Holiday_Magic&oldid=1140202664, Companies based in San Rafael, California, Short description is different from Wikidata, All Wikipedia articles needing clarification, Wikipedia articles needing clarification from March 2009, Creative Commons Attribution-ShareAlike License 3.0, Holiday Magic, Inc. v. Turner, Rechtor and a third man, Alan K. Oaks, were accused of defrauding Arizona residents who were promised incomes of $1,000 to $3,000 a month if they invested $5,000 to become sales people for Challenge Inc. Investors were subjected to highly emotional sales and promotion techniques in a process described by company insiders as jacking up prospects, Assistant Attorney General R. Jeffrey Woodburn said during the trial. Turner, the son of a South Carolina sharecropper and a self-styled country boy, rose to fame in the early 1970s through inspirational speeches that promised great wealth if people bought distributorships in his operations. The empire collapsed in the early 1970s when authorities accused Turner of violating laws against pyramid sales, in which investors at the top make a fortune and those who get in later lose money. %%EOF After more than a decade of court cases, Turner was convicted in 1987 for running a Ponzi scheme. C-74-1067-LHB., No. trailer [1], Pyramid schemes being illegal, Koscot became involved in substantial litigation from government agencies and Koscot's customers. But the notion that you can fake it until you make it began to spread through multi-level marketing efforts such as Turners, where studies show few earn a profit and deception is rife. torture involving a mouse that was supposed to eat a recalcitrant witness's heart (Good Lord! Targets for citations in Chain Letter Evolution. <<7C981AD2C2A8B2110A00B0784D58FC7F>]/Prev 803466>> 0000006933 00000 n These levels (as in "multi-level marketing") could make money by getting commissions from recruiting other participants to work as salespeople, supervisors or directors, and getting commissions on orders of cosmetics from other lower level recruited participants. But perhaps the most accurate description of Turner's victims was that of some cynical lawyers at the Securities and Exchange Commission who referred to them as Thalidomides.. "Holiday Magic Inc.: An Anatomy of a Scam", United States Securities and Exchange Commission, MLM Law - Lawyer Grimes & Reese PLLC - Attorney Specializing in Multilevel Marketing - HOLIDAY MAGIC, INC., ORDER, ETC., IN REGARD TO ALLEGED VIOLATION OF SEC. [5], The State of California filed suit against Holiday Magic in December, 1972. Connect with the definitive source for global and local news. PHOENIX, Ariz. -- Promoter Glenn Turner, who became a millionaire through self-motivation businesses, was sentenced with his business partner to seven years in prison Thursday for defrauding. Before the IRS gets its share, Seminole County has the right to collect $16,900 in unpaid property taxes for 1987, said county Tax Collector G. Troy Ray. Thus one gets sentences such as Meanwhile, in a downtown Frankfurt prison, thirtyeightyearold Turner astounded a U.S. State Department official who visited his cell to explain that the British had requested his arrest on possible charges of fraud in England. Fine time to find out Turner's age. JrsJk**j;{:[Z{&N. Employing a pyramid selling scheme and an evangelical, downhome platform style, Turner cajoled thousands of ordinary folks into putting up varying amounts, in return for which they would sell Turner's beauty products. Holiday Magic Inc. et al. We need a reset, and to find a way to once again prioritize and reward diligent, honest effort over faux success. In my business, theres just no faking it, Stewart said. [7], When some salespeople found customers in short supply, Turner encouraged them to 'fake it until you make it,' by wearing expensive clothes and waving around $100 bills to lure in others". 0000041306 00000 n Mencken, Mr. Maxa says, would have loved Glenn Turner as one of those colorful rogues who enliven the American scene, a sort of cross between Elmer Gantry and Charles Ponzi, whose name is to financial pyramids what Tutankhamen's is to the original. But this salesman extraordinaire in flashy suits was once all but omnipresent in American life. 0000001036 00000 n @D[cnS: lRORRXtkLrr)==mFdQMmnM'tv6KM;J_O3 +F:C+4i[k}d What a fine madness it was, the heyday of Dare to Be Great. Select the best result to find their address, phone number, relatives, and public records. Just before sentencing, Rector told Dougherty that Challenge had done nothing wrong. The Arizona case marked the first felony conviction for Turner, who built a fortune around his Orlando-based pyramid sales 20 years ago. A few months later, another seller would tell a Florida courtroom that he, too, had been instructed to fake it till you make it. When the Securities and Exchange Commission filed a complaint against Turners company, a judge cited the phrase as evidence of malfeasance. ", "Opinion This all-but-forgotten con man sold America on 'fake it till you make it', Juice Plus AKA National Safety Associates, European Grouping of Marketing Professionals, https://en.wikipedia.org/w/index.php?title=Koscot_Interplanetary&oldid=1142208959, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 1 March 2023, at 02:56. 0000000016 00000 n They drove new Cadillacs and wore alligator shoes. "Pyramid Sales: Hearing Before the Subcommittee for Consumers of the Committee on Commerce, United States Congress", 1974, United States Congress, Pp. These circumstances have led us into a society that is both more cynical and more predatory, both more receptive to and encouraging of outright fakers. [7] (In 1972 he built a "$3.5 million white stone castle with a helicopter landing pad" on Bear Gulley Lake, also near Orlando. .to various charitable organizations. Extensive notes. TimesMachine is an exclusive benefit for home delivery and digital subscribers. "[23] One of the Holiday Magic Inc. cases was also cited by The University of Chicago Law Review[24] and the Columbia Law Review. Lotstein said the men must serve at least two-thirds of the sentence, more than 4 1/2 years, before they are eligible for parole. "Summary of Testimony and Findings and Conclusions Resulting from Hearings in New York on Drug Law. When newly minted salespeople found it impossible to make a go of it, they were told to fake it until you make it, by wearing expensive clothes and waving around $100 bills to lure in others, a disillusioned Oregon recruit testified in court in 1972. Turner was a former sewing machine salesman and son of a South Carolina sharecropper and an unwed mother, born with a cleft palate and a hair lip, who dropped out in the eighth grade, did a short stint in the U.S. Air Force before successfully finishing a school for those who had dropped out of high school. GLENN W. TURNER ENTERPRISES, INC., a Florida corporation, et al., Defendants. As it turned out, investors would have to pay $5,000 apiece to participate in the program, which revolved around distributorships for sales of motivational cassettes, classes and books. Turner's long gone from the . 0000023584 00000 n Maricopa County Superior Court Judge. 72-390. Glenn W. Turner, 53 years old, was sentenced along with Edward G. Rechtor by Superior Court Judge Bernard J. Dougherty. Koscot and Dare to be Great grew rapidly and Turner became famous. [19] Tobias poked fun at the pyramid nature of the organization, in his book The Only Investment Guide You'll Ever Need, telling readers to be wary of "..Holiday Magic - where the big money to be made was not in selling cosmetics, but in selling franchises to sell franchises (to sell franchises).."[20] Howe wrote in the San Francisco Chronicle that Holiday Magic was "..one of the largest of all pyramid schemes.."[21], Holiday Magic is used as an example in graduate level criminal justice coursework to analyze the nature of corporate scams. The promised El Dorado, however, was reserved for those who put up the requisite amount for becoming distributors; this gave them the right to sell distributorships to others, retaining a healthy percentage of the fee. [1], In 1974, after almost 10 years in operation and tied to pyramid schemes and controversy, both Leadership Dynamics and Mind Dynamics ceased operations. [25] The Office of the State Attorney General in Maine, United States cites In re Holiday Magic, Inc., 84 F.T.C. Turner and a partner, Edward Rector, 57, were sentenced to seven years in prison in Arizona in August on charges of operating a pyramid scheme there and defrauding investors through a self-motivational company called Challenge Inc. Connect with the definitive source for global and local news. "Equal Credit Opportunity Act Amendments and Consumer Leasing Act-1975., Hearings, United States Congress. Stewart was behind the societal curve. Eventually, the truth comes out. 0000001660 00000 n v. Robert W. Warren et al. https://www.nytimes.com/1977/02/20/archives/dare-to-be-great-a-sincere-con-man.html. 0000004119 00000 n Subcommittee on Consumer Affairs. Corporate shareholders began to prioritize quarterly profits over long-term results. "They come from preachers, lawyers, housewives, plumbers, carpenters," Dougherty said. 0000006135 00000 n [1] In 1971, the Federal Trade Commission filed a lawsuit against Koscot, charging restraint of trade. 0000010114 00000 n 0000005760 00000 n As far as Ive been able to discover, these are among the first times that this now commonplace phrase received prominent mention in the media. As we transitioned from a society that manufactured things to one whose products were intangible, reality was increasingly in the eye of the beholder or the pitchman. [26] Faltinsky described Holiday Magic as "..the largest pyramid scam of all time.."[27], In 1967, William Penn Patrick wrote a booklet, entitled Happiness and Success through Principle, and founded Leadership Dynamics based on those principles. Turner himself offers one cautionary tale. 0000031956 00000 n House Committee on Small Business, 1991. 0000003297 00000 n Turner, who was pale and appeared tired, and Rector, his former bodyguard, had no visible reaction to the sentences. Glenn Turner, operator of Challenge, Inc., of Goldenrod, Fla., and two other Florida executives were indicted Wednesday by a grand jury on 126 counts of conspiracy, securities fraud and. 0000032500 00000 n Turner barely escaped jail in 1975 when a federal jury in Florida was unable to reach a verdict after a nine-month fraud trial. Patrick bought all of the cosmetics supplies for $16,250, and founded Holiday Magic, Inc. After the purchase, Patrick began selling distributorships in his new company. The company had been investigated by the Market Court of Sweden,[3] United States Securities and Exchange Commission, the Federal Trade Commission, and the State of California. Glenn Turner was, as he liked to tell anyone within earshot of his pitch, sharecropper's son and a gradeschool dropout and had a harelip (albeit corrected by surgery) who had lifted himself up by his expensive unborncalfskin bootstraps to the leadership of a $100 million business empire. Sign up for a weekly roundup of thought-provoking ideas and debates. Turner, though, had hired a lawyer for his sentencing Thursday. As a subscriber, you have 10 gift articles to give each month. Bids on the Castle property will be advertised over the next few weeks to notify any other bidders of the pending sale. In 1967 Turner borrowed $5,000 to start his Koscot Interplanetary Inc., a cosmetics firm in which distributors could sell other distributorships for commissions. . 5616. The good that I have done outweighs the bad. The companies collapsed in 1973 under lawsuits filed by investors and investigations by state and federal agencies. It's easy and secure. SAN DIEGOGlenn Arcaro of Los Angeles pleaded guilty today in federal court for his participation in a massive conspiracy involving BitConnect, a cryptocurrency investment scheme, which defrauded investors from the United States and abroad of over $2 billion. Although Turner did eventually get some cosmetics on the market, the pyramid idea was always at the heart of his operation, accounting for $75 million of its total $115 million in sales; and he started a second company, merchandising a howtobeasuccess course called Dare to Be Great on the same principle. Turner, imprisoned in Arizona prison for fraud, has owed the IRS millions of dollars in back taxes for more than a decade, and the agency has succeeded in foreclosure proceedings against the property in Seminole County. To preserve these articles as they originally appeared, The Times does not alter, edit or update them. v. Holiday Magic, Inc., et al., N.D. California, Civil Action No. 0000037334 00000 n PHOENIX, ARIZ. Glenn W. Turner, a farmboy who built and lost a multimillion-dollar financial empire with his pyramid sales schemes, lost his freedom Thursday. 6, 19, 24., Library of Congress. Even as she spoke, the housing bubble riven with fraud committed (and invited) by banks, ratings agencies, mortgage brokers and appraisers was growing bigger. 164 0 obj <>stream <>stream [3] Another has him convicted in 1987 along with Edward Rector, on charges of conspiracy, fraud and operating a pyramid scheme, and sentenced to seven years in prison. the Glenn Turner modification is a good one. 0000001791 00000 n . 0000007782 00000 n But Dougherty denied bond and ordered both men to begin serving their sentences immediately. xref The main portion of the building is wide and round, while the top features a design that is fort-like in nature. Jurors found them innocent of 27 counts of securities violations involving Challenge Inc., a motivational company. But faking it in matters of money is another matter entirely. of plan, which will be referred to as the Glenn Turner or multi-level distributorship scheme, the promoters offer to the public a series of contracts called "Adventures." Both stood with their hands folded behind their backs as Dougherty announced the prison terms. 5 OF THE FEDERAL TRADE COMMISSION ACT AND SEC. 0000003839 00000 n [1] Distributors for Holiday Magic, who took the course, have considered it as a Holiday Magic Business expense. [28] Holiday Magic distributors were invited, though not required, to attend the Leadership Dynamics Institute self-improvement sessions at a cost of $1000 each. 0000004119 00000 n The book has its lighter moments. USA vs Glenn W. Turner, Nash Publications, New York, 1976 Rudy Maxa . 0000031956 00000 n All these characters in bright red polyester doubleknits, with rhinestone flag lapel pins, dashing around the country making people hum, MMMMMMMM MONEY!. JrsJk**j;{:[Z{&N. NEWS RELEASE SUMMARYSeptember 1, 2021. [13], The company was cited by the United States House of Representatives in a 1975 hearing[14] as an example of consumer fraud, again in 1977,[15] and in 1991, in a hearing by the House Committee on Small Business. One representative pyramid venture, Dare to be Great, Inc., is de-scribed in SEC v. Glenn W Turner Enterprises, Inc. 8 . It is here that Mr. Maxa shows unusual ability to compress tedious and protracted legal wrangles (one trial lasted nine months) into an absorbing account. 0000037334 00000 n Turner and Rechtor, who also received seven years, were convicted in July of 19 counts of conspiracy, fraud and promoting a pyramid scheme. ", Dougherty said he also took into account that Turner "has on a consistent basis and a generous basis contributed large sums of money . Turner had a talent for making people believe in him. Glenn W Turner, who started in Network Marketing in the late 60s and you will be blown away by the income earnings that he shares from that time. Referring to Charles Ponzi, who earlier this century put together a huge investment swindle that still bears his name, Lotstein said, "I imagine there are still people that feel that Mr. Ponzi was doing good for the world. [12] The indictment said that Bailey had appeared in a film made for Turner's organization and had appeared with Turner at several rallies. Dougherty then passed sentence, despite receiving hundreds of letters in support of Turner. 0000001769 00000 n ), it's too late to put the book down. 2/10/75, p. 38) and Bestline . 271 0 obj %PDF-1.6 % 0000002742 00000 n The guy at the top could make millions. vlyiJ)pd*n\[PN>8Yl^1cyO"`CC\=bu3hB 0000007360 00000 n 0000001791 00000 n Koscot Interplanetary. Yes, the ethos can lead to success, as long as you actually have the goods and the skills. But when the claim has little to no basis in reality, it will almost certainly lead to failure and, as Turner discovered, to oblivion. Turner ran in the Democratic primary for the United States Senate election in Florida, 1974, but lost. Glenn Wesley Turner August 19, 1934 - January 8, 2020 Lake Mary, Florida Set a Reminder for the Anniversary of Glenn's Passing Forward to Family & Friends Share a Memory Print Contact Support Upgrade Death Certificates Share This Obituary Make a Memorial Donation Tributes.com partners with over 100 national charities. This page was last edited on 18 February 2023, at 23:43. On this Wikipedia the language links are at the top of the page across from the article title. A nine-month trial ended in a hung jury. Mr. Maxa has missed very little about Turner's operations and the soueces of his appeal. The two men told Dougherty before sentencing that they never intended to break the law. : A Case Study of Pyramid Sales Plan Regulation", "Glenn Turner, Empire Toppled, Trying Again to Sell Motivation", "Glenn Turner -- Out Of Luck; Fraud Sentencing May Be His Day Of Reckoning", "Koscot Cosmetics Accused Of Illegal Business Actions", "Koscot and Turner Cited in Complaint Filed by the S.E.C. Best Match Powered by Whitepages Premium AGE 80+ Glenn Turner Houston, TX (Inner Loop) View Full Report Addresses Yoakum Blvd, Houston, TX [11], In 1973, a federal judge in Pittsburgh combined more than 1,000 lawsuits by unhappy Koscot investors and regulatory officials into "a single class-action lawsuit seeking more than $900 million. As Elizabeth Holmes gives way to Sam Bankman-Fried, who gives way to George Santos, its worth pondering why our society has embraced an ethos popularized by a huckster such as Turner. they indicted me on aiding and abetting running a pyramid scheme. DARE TO BE GREAT. 256 pp. hb```e`` /`"\}!5|Z1O(s@Tu4t5UL- M-\\mm||=C#cbC"R32S Martha Stewart sparked headlines in 2005 when she fired a contestant on The Apprentice who embraced the phrase. 124., July 6, 1977. In 1979, his fortune gone, he attempted a comeback with another motivational company called Challenge, Inc.,[6] which led to more legal difficulties. The judge refused and the men were led away to jail by deputy sheriffs after they gave their wallets, watches and jewelry to friends in the courtroom. 0000006933 00000 n Unsatisfied investors also filed lawsuits. Investment of $5,000. Turner, 53, created a $300 million empire in the 1970s by selling distributorships in his Dare to be Great and Koscot International companies. [1] It became entangled in numerous legal difficulties and went out of business in the 1970s.[2]. 0000043655 00000 n ", Nevertheless, Dougherty said, the men deserved prison terms because "some of these victims suffered great emotional and financial harm by your actions.". The castle and boathouse have been vacant for several years, and the castle has been used only for tours by the public for charitable events. Turner would emerge under a banner reading "Dare to Be Great" and vacuum up money through a pyramid marketing scheme based on selling motivational tapes containing the secret of getting rich. His sales rallies became legend. A technicality of the law is what got me.[1], Turner passed away in his home in Lake Mary, Florida, on 8 January 2020[13] with a much lower profile than during the peak of his success.[14]. 0000003018 00000 n %PDF-1.7 % Under this type. High by today's standards but even more powerful based on the times. Koscot Interplanetary was a company from Orlando, Florida, selling mink oil-based cosmetics and was started by Glenn W. Turner in 1967. The saying became so pervasive in Amway that it would be the title of a 1980s expos by Phil Kerns. United States Senate election in Florida, 1974, "Meet the con man who sold America on 'fake it till you make it', "Dare to be Great, Inc! Lotstein said he doubted the money would ever be collected. 0000031782 00000 n PHOENIX, Ariz. (AP) _ The founder of the Dare to be Great motivational program was sentenced Thursday to seven years in prison for using an illegal pyramid scheme to bilk people out of thousands of dollars. "It is hard for me to believe . Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. `` Summary of Testimony and Findings and Conclusions Resulting from Hearings in New York on Drug.. N ), it appeared as a subscriber, you have 10 gift articles give... ] in 1971, the State of California filed suit against Holiday Magic, Inc. et... New Cadillacs and wore alligator shoes s long gone from the ENTERPRISES Inc.! Litigation from government agencies and Koscot 's customers involving Challenge Inc., et al. N.D.... To put the book has its lighter moments in Florida, 1974 but... Hearings, United States Congress Commission filed a lawsuit against Koscot, charging restraint of.... On Small business, 1991 is what got me the two men told Dougherty that Challenge had nothing! Cc\=Bu3Hb 0000007360 00000 n Mr. Turner and Mr. Rechtor, who also received years. And to find a way to once again glenn turner pyramid scheme and reward diligent, honest effort over success. 0000007360 00000 n the book down PDF-1.7 % under this type got me vs Glenn W. Turner 53... A judge cited the phrase as evidence of malfeasance Conclusions Resulting from Hearings in York. N.D. 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