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At the time, Saudi Arabian billionaire Prince Al-Waleed bin Talal was his business partner in a newly formed company called Kingdom Entertainment.
According to Michael, the prince and his colleagues liked to do business with family men, so he wanted Michael to be married – especially after the Jordy Chandler allegations the previous year. The prince was investing a lot of money, so Michael had married Lisa Marie. Or so Michael’s story went.
Michael with Lisa Marie and the Saudi Prince's family on the yacht !!
( The guy in black who's standing next to Lisa is the Prince's son "Khalid" , not her ex Danny )
Still waiting for my copy but looking forward to making my own mind up about it.
I appreciate those who will make up there own mind from reading the book for themselves.. The thread for the most part picks on it making it out to be much worse than it is.. The book has much much more positivity than this thread..
What i dont like bout frank writing bout that is its making michael look bad in a way imo
1. Frank get a letter that stated not to contact michael *chapter interlude* from brian wolf, to frank and on it were copied Michael John Mclain trudy green John branca Barry siegel.. I never get this??? I thought john branca was estate and one of the good guys??
2. Also in 2007 michael and franks talk there issue out and became friends again, but he says michael there the last time, why didnt he see michael during his last 2 years?? I know the spoke regulary on the phone and frank was going to london to help on this is it
3. Also in the last year the contact with michaels kids is good, and they want to see cascio *want to ride with them in de elevator having christmas there huging them calling* Also they knew about the recording michael was doing with Eddie. So why did it end?? Why is there no contact?
4. What i dont get is he was of the meds because of that good doc.. why didnt he asked that doc to help him during this is it? The one that weaned him off drugs??? Maybe michael would still be a life if it was for that doc
5. What was the story that fans were pissed at shaffel? What did he do??
5. Also franks speak higly of shaffel and he kissed and huged also karen faye.. He says something about the brothers doing a soap joe promoting stuff.. So he adressed this.
What was the story that fans were pissed at shaffel? What did he do??
^^thank you for that info. i had heard the guy had claimed something but wasn't sure what actually went on. now i wonder how Frank can be friends with someone who claimed MJ molested kids and yet firmly claim it's absolutely not true.
sorry my english is failing me. can you elaborate?Well, strictly speaking Schaffel did not claim Michael molested kids. He was "just" planting innuendo.
maral;3553717 said:sorry my english is failing me. can you elaborate?
Accountant Disputes Claims Against Jackson
13th July 2006
By Linda Deutsch
A forensic accountant hired by Michael Jackson’s lawyer testified Wednesday that a former associate who is now suing the singer used money from a Japanese record production company for the down payment on his own $1.9 million home rather than for the business expenses he claimed.
Jan Goren, who showed jurors how he traced millions of dollars through the various bank accounts of F. Marc Schaffel, also said he found no substantiation for a $300,000 payment Schaffel claimed he provided to a mysterious “Mr. X” in South America on Jackson’s behalf.
The testimony was presented as the trial neared the closing arguments phase. Schaffel’s lawsuit claims Jackson owes him $1.6 million for various endeavors he worked on for the pop star.
Jackson’s side has sought to show Schaffel enriched himself at the singer’s expense, outweighing any sums that might actually be owed.
Goren challenged Schaffel’s claim that he received $400,000 from a Japanese company called Music Fighters which was seeking to buy rights to Jackson’s “What More Can I Give,” an ill-fated charity recording intended to raise money for victims of the Sept. 11, 2001, terrorist attacks.
Schaffel had testified that he split the amount with Jackson, each taking $200,000, but maintained that he used his half to pay business expenses.
Goren said according to his financial detective work that was not true.
He said the $400,000 was wired by Music Fighters on Feb. 27, 2002, to Neverland Valley Entertainment, a company Schaffel started with Jackson, and the next day it was transferred into Schaffel’s personal account.
The accountant noted that in a deposition Schaffel said Jackson was given $200,000 in cash and the rest was kept in the Neverland Valley account to pay bills.
“That did not happen,” said the witness.
“Is there any support that 200,000 (dollars) went out to Mr. Jackson?” asked Thomas Mundell, Jackson’s attorney.
“Nothing,” said the witness.
Goren then used an easel and marker to trace Schaffel’s home purchase, showing the down payment, escrow fees, mortgages and the full price of the home at $1.9 million. He said the source of the down payment was the personal money market account, “and 400,000 that went into that account was Music Fighters money.”
On the purported delivering of $300,000 to “Mr. X” in South America, Goren testified that Schaffel never claimed the amount until this year and “there is no check, no moneys leaving a bank … no bank statements, no ledgers.”
“I have nothing that corroborates it from a documentary point of view,” he said.
He noted that the entry was coded “EFT,” which refers to an electronic fund transfer to another account. But he said the amount was never transferred to or from any account.
“My conclusion on this is it is not a valid claim,” Goren said.
On cross-examination, Schaffel’s attorney, Howard King, challenged some of the accountant’s opinions and asked if he considered testimony by other witnesses who said they knew about some of the disputed transactions.
Goren said he read depositions by Jackson’s business manager, Allan Whitman, but had not questioned him about any of the records.
“You didn’t ask Mr. Whitman to see any of Michael Jackson’s records or Michael Jackson’s tax returns?” asked King.
“I did not,” said Goren.
“Would you have liked to have seen them?” King asked.
“I would like to see Mr. Schaffel’s tax returns,” Goren said.
In spite of King’s claim that he was wrong on some figures, Goren consistently asserted that there were no documents to support some of Schaffel’s claimed expenses.
“Even when there are documents that slightly support it,” he said of one charge, “it fails and it fails miserably.”
Asked why Whitman and others in Jackson’s financial inner circle would have approved some large payments to Schaffel, Goren said, “I think they trusted Mr. Schaffel.”
On the issue of the $300,000, King asked if Goren had seen a receipt from a Hungarian bank.
“No, you can show me,” said Goren.
But it wasn’t until redirect examination by Mundell that the receipt was displayed in court. It showed a withdrawal of $258,000 from a Hungarian bank three years before Schaffel claims he was dispatched to South America on a mission for Jackson.
“Of course this does not influence my opinion,” Goren said. “This transaction took place three years before. So what? How does it end up in South America? I don’t see the connection at all.”
King asked Goren if he ever asked Mundell why no one had asked for the name of the recipient of the purported $300,000 payment. Goren said he had not.
Source: Associated Press
@Respect did you read this book???
I also know that some people who sui michael were still friends or not hated by michael after words. So it could be they made up..
Also i dont think debbies knows what was going on in michaels life, why would she. michael was always very private and closed about his buisness
So personally even with that story i cant see how its frank faults to be friends or maybe even only not even friends but just know each other and sometimes work with each other is harmfull.
So I really hope that Frank isn't still friends with this guy?
So Frank being friends with him (and Debbie also) is a bit disappointing.