Scientology buys land for $37 million to build new Australasian headquarters

Discussion in 'Australia & New Zealand' started by CommunicatorIC, Nov 1, 2014.

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  1. HelluvaHoax!

    HelluvaHoax! Gold Meritorious Sponsor

    Re: Church of Scientology spends $37MILLION on huge new site in Sydney

    The COS made a broad public announcement to all Wog residents, by having one of their OSA witches fly overhead, using her broomstick to skywrite the words: SURRENDER [STRIKE]DOROTHY[/STRIKE] COCKSUCKERS!
  2. Anonycat

    Anonycat Crusader

    Re: Church of Scientology spends $37MILLION on huge new site in Sydney

    Then when no one responded, they sent skywriting everyday.



    Last edited: Nov 2, 2014
  3. Kookaburra

    Kookaburra Gold Meritorious Patron

    There was a deal like this with one of the UK orgs, I forget which one, but someone made a bundle on it.
  4. Kookaburra

    Kookaburra Gold Meritorious Patron

    I remember that! You honked and waved. I think I was talking to a cop at the time. They always call the cops to complain when Anon is around. One of the cops actually told me that there was no point in leaving because as soon as they rounded the corner the Scios would call in another complaint.

    The Australian home of the UK locations, I don't think it is the land ownership so much as the corporate headquarters. It's a ginormous tax dodge. Google COSRECI.
  5. CommunicatorIC

    CommunicatorIC @IndieScieNews on Twitter

    I'm not saying you guys are wrong, or that it does not merit investigation, but there is a more mundane explanation.

    Mike Rinder has repeatedly explained that David Miscavige is under great pressure, and specifically by COS tax attorney Monique Yingling, to spend COS money because of IRS rules. Unfortunately, Mike has also explained that under the IRS rules a church can properly satisfy IRS requirements not to hoard money by spending it on buildings to serve the faithful. Basically, it is a way (and I think the only way) to satisfy IRS requirements by simply converting cash to another asset -- i.e., real estate.

    Then again, Mike's explanation does not exclude the possibility that DM is doing this to satisfy IRS rules, AND shifting money out of the COS by overpaying for real estate to straw-men or other interested parties.
  6. scooter

    scooter Gold Meritorious Patron

    There's got to be more dox than that surely.:yes:

    That just tells me that they can't get a bus onto the property down the driveway. Or maybe turn it around and drive it back out again.:roflmao:

    But to buy two properties, demolish the houses to make a bus layover and build a path from that to the main building is basically throwing money away.:duh:

    It does seem to exclude them using this place as berthing.:coolwink:

    Good to see you back here, FatMan.:thumbsup:
  7. scooter

    scooter Gold Meritorious Patron

    Re: CoS buys land in West Chatswood for $37 million

    So per that a bus could be gotten into the property but the Co$ decided (as community-minded organizations always do) that they'd spare the residents the angst of having buses (especially the aging, diesel-dust spewing pieces of crap that the cult have) trundling down their leafy streets at all hours. So they buy two blocks, one with a house (for a few $mill.) to demolish the house and build a bus stop with a path from it down to their building.

    Yet it doesn't save much bus travel at all - it doesn't make sense from a viewpoint of making money.:omg:

    And the bulk of the building renovations are to turn most of the main building into courserooms and auditing rooms that will be empty most of the time. Plus a staff mess area.

    120 car spaces is more than they'll ever need - except when they hold events there. Oh, hang on - it'll still be adequate:roflmao:

    I wonder if there's enough space on the property to store all the PC and CF files that currently are in various storage locations around Sydney:biggrin:

    ps - they've said they'll have 290 crew on site. They've NEVER had that many on SO crew in Sydney for years now.
  8. degraded being

    degraded being Sponsor

    Re: CoS buys land in West Chatswood for $37 million

    There may have been one or two things they could not do under regulations/restrictionsand therefore had to take a more expensive option or not be allowed to purchase at all. The noise of buses starting up, slowing down, might also be far worse depending exactly where it happens. But who knows, as you say good management or anything like that may have nothing to do with it at all, and Princess may just be clicking her heels and demanding her wishes come true, sensible or not.
    Last edited: Nov 2, 2014
  9. degraded being

    degraded being Sponsor

  10. HelluvaHoax!

    HelluvaHoax! Gold Meritorious Sponsor

    Re: Church of Scientology spends $37MILLION on huge new site in Sydney

    And a very special VIP theta message from
    the Church of Scientology's
    Chairman of the Board. . .

  11. wigee1

    wigee1 Patron with Honors

    I wonder if Angleo Messeti was the agent for the Church, His Real Estate firm is just down the road, Any one know if hes still in?. .... Granitt
  12. Enthetan

    Enthetan Master of Disaster

    Yes, "they paid WAY over market value". That could be an indicator that they are stupid and inept.

    OR it could be an indicator that games are being played.

    Real estate transactions can be good ways to launder money. For example, making a deal with a seller to buy for "market value plus X", in exchange for some of that "X" money making its way to a certain shell corporation, owned (through a chain of cut-outs) by an insider.

    Then when, because of "ineptness", the property needs to be sold for much less money than paid for it, the reverse process can be applied to the buyer (sell to him for "market value - X", in exchange for part of X going to a front company).
  13. Lermanet_com

    Lermanet_com Banned

    Emphasis Added

  14. Enthetan

    Enthetan Master of Disaster

    One additional reason I'm not ready to accept "ineptness" as a reason why they overpaid for properties: Scn has some huge number of lawyers on retainer. Even somebody like me had a lawyer conduct the actual real estate transaction when I bought my house.

    Surely, the lawyers, as part of their "due diligence" work on the transaction, would have had a property appraiser and inspector look over the building and the local market, and informed DM that he was paying more than the property was worth?
  15. scooter

    scooter Gold Meritorious Patron

    That might work if Demented Midget were able to be told that He'd made a mistake.:omg:

    I personally doubt that DM cares if He pays more than fair value - He's trying to show that He's running a religion, not a for-personal-profit cult.:yes:

    There were attempts to wise up the cult on the Yarramalong fiasco but no-one listened.:confused2:

    It's all future assets for a certain Drunken Maggot's retirement fund IMO.
  16. phenomanon

    phenomanon Front door security.

    O yes. I see how that works.
    White collar criminals are criminals.
    Where the hell is the IRS in all of this?
    Looks like the only ones losing money are the ones who overpaid for the property, then sold at a loss. That would be the Scientologists whose money was used to buy the property.
    Cunning criminals are criminals.
    Can those scn'ists write the loss off on their taxes?
    Hello? IRS!!
    Tax criminals are tax criminals.
  17. phenomanon

    phenomanon Front door security.

    Yes. The Lawyers could have advised Mousedick, but it looks lijke he is running a money laundering scam,.
  18. Wants2Talk

    Wants2Talk Silver Meritorious Patron

    Bits and pieces demonstration of money laundering.

  19. looker

    looker Patron Meritorious

    Didn't somebody mention that there was a PL from hisself about always rent never own because the expansion of the <cough> church was gonna explode. (or implode like Phoenix in the 50s)

    Now I smell a rat just like the rest of you all I think its money laundering too. US dollar = 1.14 Aussie dollars. What is the cost per acre?

    Is this really about commercial real estate development with free labor?? Or hiding already missing persons, like the RPF and Heeber.

    Come to think about it, it's ebile Genius. The usual (or enhanced) downward spiral is;
    1. Public in pretty good shape have a small ruin they wanna get fixed.
    2. They get indoctrinated and wanna save the world,
    3. they get squeezed for donations,
    4. their credit and life gets ruined
    5. they cave in and join staff as a last resort,
    6. told they are DBs, put on the RPF and rehab buildings.

    Then as the "needs" change the building is put up for sale and money is made or lost. depending on who is the buyer or seller. Or if they are really one in he same.

    PS: Australia has a criminal extradition treaty with the US and UK so its not a good hiding place for DM.
    Last edited: Nov 2, 2014
  20. Free to shine

    Free to shine Shiny & Free

    They really think Australia is the best place to 'expand'? :duh:

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