HISTORY OF THE SHOW

The Genesis of the Website

This website was originally created to act as a BEACON to warm unsuspecting potential investors and employees. The expense to maintain and operate this site has been considerable.

It was created  in 2003 to assist the unsuspecting as to the true nature of Jim Clark and Larry Whitlock.

It is carried on by its new owner to keep the light of truth alive on this matter. The new owner, Sean Patrick Carney, has committed to press a ahead with the process. Mr. Carney, a resident of Dominica, has purchased the Domain and made arrangements for the Hosting.  It is his true hope and desire to keep the Beacon working to inform potential investors or employees of the nature of the person they are about to work with.

We hope and pray that you are informed, and perhaps entertained by the Magic Show.

THE BACKGROUND OF SMOKE AND MIRRORS

Their first major effort was THE PROGRESSIVE ALLIANCE OF RETIREMENT PLANNERS which was formed on the backs of several hundred investors who thought they were putting money into an IRA Accounts or into stock in a growth company.  Unfortunately, the prospectus was a sham put together by Clark's Staffers and an unknown CPA.  The whole package was based on Clark's fantasies of financial growth and profits. Unfortunately, the package was just that, a "Package", filled with wild projections, unsupported assumptions and unrealistic growth curves. The IRA's were never funded and Clark took all the money leaving several hundred empty accounts. To add insult to the injury, the owners of the empty IRA Accounts are billed several hundred dollars each year in Maintenance fees. Most kept paying it in hope that someday they could recover their money. The concept of SMOKE AND MIRRORS was born from the tales and the facts of this first effort and built upon through his other programs, such as THE OWNERS INCOME ENHANCEMENT PROGRAM, etc.

The reality of Progressive Alliance was a never ending requirement for more Capital to keep it afloat. Clark had to keep borrowing and borrowing to keep his office open and to fund his lavish spending, First Class Air Travel, Exotic Resorts, the Fleet of Cadillac Escalades, luxurious office suite and large office staff were there to serve his whims and his flair for dramatic entrances, exits and tantrums to get his own way.

Only one individual has survived more than 18 months as a regular employee....Larry Whitlock, who is in so deep he cannot escape. His entire financial world is caught up in Clark as well as that of many of his family members.  It is probably impossible for Whitlock to escape since he knows where every skeleton is located, and where the real activities are chronicled in the SECRET "Al Lesser File".  Al Lesser is a fictitious name that Clark uses from time to time to cover his tracks.

THERE ARE MANY SKELETONS. 

In late 2001 the Indiana Secretary of State and Indiana Attorney General served Clark with a CEASE AND DESIST ORDER prohibiting him from raising any further money for his ventures.  Even though that order is still in effect Clark continues to sell his investment ideas to hapless victims who later find out that they were hoodwinked. That Cease and Desist order is still in full force yet Clark chooses to ignore it at every opportunity. (Public Record)

Immediately after receiveing the Cease and Desist Order, Clark filed for a Business Bankruptcy for Progressive Alliance and his other ventures as well as filing a Personal Bankruptcy to protect himself personally from creditors. (Public Record)

His Bankruptcy Attorney (David Krebs) quit when he discovered that Clark was not going to cooperate with the process, nor file accurate reports and submit the required Plan for Reorganization. Mr. Krebs was replaced, but the new Attorney (Charles Traylor) could not move Clark to actually cooperate any more than Mr. Krebs had been able to make him progress.

The Company Bankruptcy was later dismissed due to Clark's failure to provide a Practical and Workable Plan to reorganize the business. His outrageous projections of building a $1 Billion Company in less than 36 months was laughed out of the Court Room. (Public Record)

His Personal Bankruptcy was also tossed out of the Court Room due to its lack of progress and complicated by the fact that Clark had to be ordered by the Judge (under Penalty of Arrest) to finally provide his real address and phone number. Coupled with the lack of any chance of a practical outcome, the Court was so frustrated with Clark's lack of genuine effort that his case was summarily dismissed. (Public Record)

His Security Attorney (Tom Eckerle) quit after he discovered that Clark had prepared false documents for the Securities Filings as well as that Clark was flagrantly continuing to violate the CEASE AND DESIST ORDER.

Clark filed a massive lawsuit against several of his Attorneys that were summarily dismissed for lack of substance. (Hamilton and Marion County)   (Public Record)