Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Using trust to steal (Utah Affinity Fraud)
The Standard Examiner ^ | 02/03/2011 | Editorial Board

Posted on 02/03/2011 5:35:46 AM PST by Utah Binger

One consequence of Utah being a mostly Mormon state is that the potential for affinity fraud can be higher than in other states. A fraudster can use his activity or status within the Mormon Church to fool church members into trusting him. An example of this in Ogden was Val Southwick, who cheated investors out of millions. Fortunately, Southwick sits in prison now.

Of course, affinity fraud is not confined to the LDS Church. Probably the best-known case of massive affinity fraud is that committed by Bernie Madoff, who is alleged to have defrauded investors of up to $50 billion. Madoff was Jewish, and used his religion as a recruiting and status tool. He is also in prison today.

Nevertheless, trust is still too often used to fool gullible people, including many senior citizens, who are the most vulnerable of investors. According to the FBI, about 4,000 Utahns lost $1.5 billion to fraud last year. We need tougher penalties to go after these predators who use smooth talk, flattery and deception. One solution toward making it easier to punish these criminals is Senate Bill 101, sponsored by state Sen. Ben McAdams, D-Salt Lake City.

(Excerpt) Read more at standard.net ...


TOPICS: Local News; Religion
KEYWORDS: affinityfraud; hucksters; mormons
Navigation: use the links below to view more comments.
first previous 1-2021-32 last
To: Utah Binger

THIS guy?? (Potty mouth ALERT!)

http://www.avclub.com/articles/painter-of-light-thomas-kinkade-arrested-for-dui-e,42171/


21 posted on 02/03/2011 1:06:15 PM PST by Elsie ( Heck is where people, who don't believe in Gosh, think they are not going...)
[ Post Reply | Private Reply | To 16 | View Replies]

To: T Minus Four
Hey, check out the pcture of Jesus in that cartoon!!!!!

You have been MORMON trained!

There is NO image of JESUS there; just a mere PERSONAGE!

22 posted on 02/03/2011 1:08:19 PM PST by Elsie ( Heck is where people, who don't believe in Gosh, think they are not going...)
[ Post Reply | Private Reply | To 19 | View Replies]

To: T Minus Four

Jesus REQUIRES 10%

http://www.freerepublic.com/focus/religion/2665706/posts?page=146#146


23 posted on 02/03/2011 1:10:15 PM PST by Elsie ( Heck is where people, who don't believe in Gosh, think they are not going...)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Elsie

That is our boy.

The laughing stock of the real art community.


24 posted on 02/03/2011 1:20:38 PM PST by Utah Binger (Southern Utah where the world comes to see America)
[ Post Reply | Private Reply | To 21 | View Replies]

To: Elsie; T Minus Four
Hey, check out the pcture of Jesus in that cartoon!!!!! [T Minus Four]

You have been MORMON trained! There is NO image of JESUS there; just a mere PERSONAGE! [Elsie]

Els, ya forgot a key adjective --it should read: You have been MORMON trained! There is NO image of JESUS there; just a mere UNNAMED, IDENTITYLESS PERSONAGE!

[Per Joseph Smith - History, vv.16-25 OFFICIAL "First Vision" Mormon "Scripture" account that is THE Foundation of EVERYTHING a Mormon believes, that is]

25 posted on 02/03/2011 1:34:26 PM PST by Colofornian
[ Post Reply | Private Reply | To 22 | View Replies]

To: Colofornian

Deception and Delusion


26 posted on 02/03/2011 6:49:34 PM PST by Elsie ( Heck is where people, who don't believe in Gosh, think they are not going...)
[ Post Reply | Private Reply | To 25 | View Replies]

To: T Minus Four
Of course, that’s a generalization. Some are bitter and strident.

Disgruntled, that's what I'd like to try. Libs are always disgruntled about something or other, I'd like to see what it feels like.

Me? I'm always gruntled.

27 posted on 02/03/2011 9:06:02 PM PST by Graybeard58
[ Post Reply | Private Reply | To 6 | View Replies]

To: Graybeard58
I'm always gruntled.

The Congo?

No WONDER!

28 posted on 02/04/2011 4:19:30 AM PST by Elsie ( Heck is where people, who don't believe in Gosh, think they are not going...)
[ Post Reply | Private Reply | To 27 | View Replies]

To: Colofornian; SENTINEL; colorcountry; Godzilla; svcw; greyfoxx39; aMorePerfectUnion; T Minus Four; ..
Perfect for THIS thread!!!


29 posted on 02/05/2011 2:32:42 PM PST by Elsie ( Heck is where people, who don't believe in Gosh, think they are not going...)
[ Post Reply | Private Reply | To 28 | View Replies]

To: GOPJ
Forgiving someone does not in anyway excuse that person for paying for the consequences of their actions. Forgiveness is not a hall pass.
30 posted on 02/05/2011 2:46:50 PM PST by svcw (God doesn't show up in our time, but He shows up on time)
[ Post Reply | Private Reply | To 14 | View Replies]

To: svcw

I agree.


31 posted on 02/05/2011 3:03:49 PM PST by GOPJ (http://hisz.rsoe.hu/alertmap/index2.php - World Disaster Map)
[ Post Reply | Private Reply | To 30 | View Replies]

To: GOPJ

bttt


32 posted on 02/06/2011 9:55:32 AM PST by Elsie
[ Post Reply | Private Reply | To 31 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-32 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson