Reed hooked up with Richard Neiswonger, who had been convicted of selling bogus business franchises in Missouri.
FORBES: Bill 'Bulletproof A$$et Protection' Reed's Complex Plan Pierced By Nominee And Alter Ego Theories
Neiswonger is now on forced vacation at his old haunt, the Greybar Hotel, and Reed is currently awaiting sentencing.
Reed, his buddy Neiswonger, and another cohort were indicted for 32 counts relating to their activities with Asset Protection Group, and also for conspiracy to defraud the United States and for aggravated identity theft.
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