Rusch / Reeves solicited me to invest into his Swiss Bank. I contributed shares of stock worth over two million. Documentation provided by Rusch said I owned 4% of his bank. This was described in emails and documentation, and he explained it was his responsibility to file all other reporting. To my knowledge, I owned 4% of the bank, which is not required to file ownership. FBAR reporting triggers at 50% ownership. When Rusch / Reeves testified, he stated that I owned 100% of the bank. Imagine if you own 4% of a mutual fund, money was stolen, and you were accused of owning 100% and then had to go through this entire ordeal after losing your entire investment. That is exactly what happened here.
