— Spadaccini has written several business books, including The Complete Corporate Guide and The Essential Corporation Handbook. The books show executives how to fill out government forms -- something he is charged with not doing. His online report, LearnAboutLaw.com, dishes out corporate legal advice. "I love your column, but I don't want to be in it," he says. He will only say, "I don't think forming an entity is a crime. I represented Wind Farming but not the individuals from April of 2004 to November of 2004. I did not know about the felony until everything was under way."

I'd love to know one thing: were the investors told that Wind Farming controlled this wondrous technique for extracting platinum and palladium from old mine tailings? Or about the mineral that can stop a 44-magnum at ten inches? Anybody believing such stories would pay $5000, not 5 cents, for the stock. But sources such as Dan Gregus, assistant regional director of the SEC in Chicago, aren't talking.

As punishment for his 1990s Southwest International Exchange scam, the federal government ordered Telander to pay $6.7 million to investors. But he figures he owes them $15 million. He is confident he will pay them back. How? "Further exploitation of the technology from the Philadelphia Project," he says.

Oh.

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