Sounds like Dan Rather.
Officials at St. Mary's were so confident in Conrad Colbrandt's pledge that they reportedly gave him an autographed copy of John Muir's "My First Summer in the Sierra" and a first-edition copy of Charles Darwin's "The Origin of Species" in gratitude. They took out a loan and floated a bond to finance construction of J.C. Gatehouse Hall when the money still hadn't appeared four years after the pledge was made.
College President Brother Craig Franz and others apparently remained confident in Colbrandt until he told them in early August that the money would never appear and said he was the victim of a real estate scam.
Walnut Creek police are investigating the alleged scam, in which more than 100 people were bilked out of millions of dollars. Investigators are looking for real estate broker John Banker, whom the Contra Costa County district attorney's office named a "prime suspect" in the scheme.
If it seems too good to be true...
This is my Alma Mater. It is in N.Cal! They were duped! But they were stupid as well!
Oh Well! Back to the election!