Opinion ID: 529387
Heading Depth: 3
Heading Rank: 1

Heading: Richard Taylor Cardall

Text: 16 Appellant Cardall masterminded the creation of various inter-related entities involved in the scheme. Although Mr. Cardall was responsible for developing and implementing the scheme and creating the various entities, he was rarely identified as a principal in those ventures. 12 Nevertheless, it is clear that he retained control of the operations, evidenced by his hiring of an FSI salesman whom he later installed as FSI's president. FSI and the clearinghouses identified Mr. Cardall as a consultant and paid him fees for his services. 17 At Mr. Cardall's instigation, clearinghouse sales personnel were misinformed concerning the existence of ABC companies. He also fraudulently represented the existence of clearinghouse assets 13 and prospective purchasers for the Mexican land deal he had organized. 14