Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $19,709
24%  
Woo hoo!! And we're now over 24%!! Thank you all very much!! God bless.

Keyword: mormonwhinethread

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  • Suspected Mormon Con Artist Pleading Guilty to $78M Scam

    07/17/2011 6:51:11 AM PDT · by Colofornian · 13 replies
    Daren Palmer, the head of an Idaho firm known as the Trigon Group, has agreed to plead guilty to operating a $78 million Ponzi scheme that allegedly scammed fellow Mormons – including friends, neighbors and relatives – in a classic case of affinity fraud, The New York Times reported. According to government prosecutors, the Times said, Palmer raised more than $20 million by promising investors generous double-digit returns and then misappropriated their funds instead. He stands accused of swindling parents of children he coached in football, the newspaper said, and even his own father and brother-in-law along the way. He...