After checking out George we have been doing a lot of reading and playing a game of follow the clues.
our latest adventure lead us to AcuDoc and his continued potests of being called a fraud. To cut a long chase short we found this, we aren't saying its AcuDoc from Viva San Carlos, We'll let you make your own decision according our C&P.

ILLINOIS ATTORNEY GENERAL LISA MADIGAN
PRESS RELEASE
www.IllinoisAttorneyGeneral.gov
For Immediate Release
Contact: Carra Smith
312-814-2118
877-844-5461 (TTY)
carrasmith@atg.state.il.us
November 16, 2006
MADIGAN SUES MEDITATION AND ACUPUNCTURE TEACHER ACCUSED OF DEFRAUDING HIS STUDENTS IN A MEXICAN REAL ESTATE INVESTMENT SCHEME
Chicago- Attorney General Lisa Madigan today filed a lawsuit against a Ketchum man operating an Acupuncture and traditional medicine school for allegedly deceiving his followers into purchasing stock and investing in a Mexican real estate scheme.
Madigan’s lawsuit alleges that the defendant, Larry Pannell violated the Illinois board of health acupuncture practitioner’s licensing laws and the Illinois consumer fraud and deceptive business practices act.
According to the complaint, Pannell is not a licensed acupuncturist nor does he hold a valid Illinois teaching degree to administers and teach courses on meditation, hypnotherapy, and acupuncture as required by Illinois State law. The complaint further states that Pannell took advantage of the Polish community in the Ketchum and Chicago areas through advertisements in the weekly Polish magazine, “The Express,” and on 1490 AM, a Polish radio station in Chicago. In January 2005, Pannell allegedly solicited his students, some of whom speak little or no English, to purchase stock in his new San Carlos and Baja Real Estate venture. He allegedly told his patients and students that they had the prospect of being a millionaire within 5 years if they acted immediately as part of his sales pitch. Pannell allegedly promised students that he would use their investment funds to purchase and resell property, and then direct the profits from the property sales to building a Free Clinic for the Polish community. He convinced 12 of his students to purchase 435 shares of stock for $97,000.
As described in the complaint, Pannell also convinced four of the 12 students to purchase five properties in their own names. Pannell promised these students that he would pay the mortgages on the properties if they made this additional investment to help build the clinic Madigan’s complaint alleges that misled two of the students who are not native English speakers into transferring large sums of money in the pretence Pannell would purchase three additional properties in there name. Pannell never bought or sold any properties and the funds he collected were used for his own lavish vacations around the Mexican resorts of San Carlos and Cancun.
“We allege that Pannell used his position as a trusted physician and teacher to deceive his students into purchasing stock and property,” Madigan said. “To stop these practices and protect the consumers, we are taking legal action.”
In one of the specific examples set forth in the complaint, Pannell sold 75 shares of stock to one of his students for $15,000. This student purchased the stock based on Pannell’s alleged promise that he would use the investment money to purchase and sell homes on his behalf, and that the profits from the sales would be used to build a retirement fund for his family and support his ailing parent still in Poland. It was further understood by the student that his shares would be proportionately in any of the profits from the home sales, and that the student could resell his shares to Pannell after one year. Pannell has never fulfilled these promises or explained what has happened to the student’s money.
Pannell also allegedly solicited this student to purchase property in the student’s own name to sell on behalf of his parents in Poland. Pannell also claimed that all profits would be tax-free because it was to be sent to Poland
Pannell, again represented that he would share the profits from these property sales with the shareholders and use portion of the profits to fund the free clinic
Based on these representations the student purchased two properties for $282,000 and $356,000 respectively. Pannell promised that he would pay the mortgages on the properties. The complaint alleges that Pannell has never fulfilled his promises to the student or made any payment to purchase the said properties. The complaint also alleges that Pannell claimed the student could not view the properties because he had rented them out on a long-term basis to increase revenue and profits.
Madigan’s lawsuit asks the court to prohibit the defendants from operating any real estate investment businesses, offering for sale or selling securities, or offering for sale or selling any real estate investment services in Illinois. In addition, the lawsuit seeks a civil penalty of $50,000 and additional penalties of $50,000 for each violation found to have been committed with the intent to defraud. Finally, Madigan’s lawsuit asks the court to order the defendant to pay restitution to consumers.
Assistant Attorney General Henry J. Ford, Jr., is handling the case for Madigan’s Consumer Fraud Bureau. And has passed the question of practicing medicine without a license to the Illinois board of regents for healthcare to determine the alleged breaches of licensing and practicing Acupuncture without a valid license.
.
our latest adventure lead us to AcuDoc and his continued potests of being called a fraud. To cut a long chase short we found this, we aren't saying its AcuDoc from Viva San Carlos, We'll let you make your own decision according our C&P.

ILLINOIS ATTORNEY GENERAL LISA MADIGAN
PRESS RELEASE
www.IllinoisAttorneyGeneral.gov
For Immediate Release
Contact: Carra Smith
312-814-2118
877-844-5461 (TTY)
carrasmith@atg.state.il.us
November 16, 2006
MADIGAN SUES MEDITATION AND ACUPUNCTURE TEACHER ACCUSED OF DEFRAUDING HIS STUDENTS IN A MEXICAN REAL ESTATE INVESTMENT SCHEME
Chicago- Attorney General Lisa Madigan today filed a lawsuit against a Ketchum man operating an Acupuncture and traditional medicine school for allegedly deceiving his followers into purchasing stock and investing in a Mexican real estate scheme.
Madigan’s lawsuit alleges that the defendant, Larry Pannell violated the Illinois board of health acupuncture practitioner’s licensing laws and the Illinois consumer fraud and deceptive business practices act.
According to the complaint, Pannell is not a licensed acupuncturist nor does he hold a valid Illinois teaching degree to administers and teach courses on meditation, hypnotherapy, and acupuncture as required by Illinois State law. The complaint further states that Pannell took advantage of the Polish community in the Ketchum and Chicago areas through advertisements in the weekly Polish magazine, “The Express,” and on 1490 AM, a Polish radio station in Chicago. In January 2005, Pannell allegedly solicited his students, some of whom speak little or no English, to purchase stock in his new San Carlos and Baja Real Estate venture. He allegedly told his patients and students that they had the prospect of being a millionaire within 5 years if they acted immediately as part of his sales pitch. Pannell allegedly promised students that he would use their investment funds to purchase and resell property, and then direct the profits from the property sales to building a Free Clinic for the Polish community. He convinced 12 of his students to purchase 435 shares of stock for $97,000.
As described in the complaint, Pannell also convinced four of the 12 students to purchase five properties in their own names. Pannell promised these students that he would pay the mortgages on the properties if they made this additional investment to help build the clinic Madigan’s complaint alleges that misled two of the students who are not native English speakers into transferring large sums of money in the pretence Pannell would purchase three additional properties in there name. Pannell never bought or sold any properties and the funds he collected were used for his own lavish vacations around the Mexican resorts of San Carlos and Cancun.
“We allege that Pannell used his position as a trusted physician and teacher to deceive his students into purchasing stock and property,” Madigan said. “To stop these practices and protect the consumers, we are taking legal action.”
In one of the specific examples set forth in the complaint, Pannell sold 75 shares of stock to one of his students for $15,000. This student purchased the stock based on Pannell’s alleged promise that he would use the investment money to purchase and sell homes on his behalf, and that the profits from the sales would be used to build a retirement fund for his family and support his ailing parent still in Poland. It was further understood by the student that his shares would be proportionately in any of the profits from the home sales, and that the student could resell his shares to Pannell after one year. Pannell has never fulfilled these promises or explained what has happened to the student’s money.
Pannell also allegedly solicited this student to purchase property in the student’s own name to sell on behalf of his parents in Poland. Pannell also claimed that all profits would be tax-free because it was to be sent to Poland
Pannell, again represented that he would share the profits from these property sales with the shareholders and use portion of the profits to fund the free clinic
Based on these representations the student purchased two properties for $282,000 and $356,000 respectively. Pannell promised that he would pay the mortgages on the properties. The complaint alleges that Pannell has never fulfilled his promises to the student or made any payment to purchase the said properties. The complaint also alleges that Pannell claimed the student could not view the properties because he had rented them out on a long-term basis to increase revenue and profits.
Madigan’s lawsuit asks the court to prohibit the defendants from operating any real estate investment businesses, offering for sale or selling securities, or offering for sale or selling any real estate investment services in Illinois. In addition, the lawsuit seeks a civil penalty of $50,000 and additional penalties of $50,000 for each violation found to have been committed with the intent to defraud. Finally, Madigan’s lawsuit asks the court to order the defendant to pay restitution to consumers.
Assistant Attorney General Henry J. Ford, Jr., is handling the case for Madigan’s Consumer Fraud Bureau. And has passed the question of practicing medicine without a license to the Illinois board of regents for healthcare to determine the alleged breaches of licensing and practicing Acupuncture without a valid license.
.