Posted on 03/03/2006 11:58:15 AM PST by E-Mat
A renowned psychiatrist from UC Irvine was duped into squandering at least $1.3 million of his family's fortune on a Nigeria Internet scam, according to a lawsuit recently filed by his son.
The son, also an Orange County doctor, said his father Dr. Louis A. Gottschalk gave as much as $3 million over a 10-year period in response to an Internet plea that promised the doctor a generous cut of a huge sum of cash trapped in African bank accounts in exchange for money advances.
The court documents, filed last month in Orange County Superior Court, allege Gottschalk even traveled to Africa to meet a shadowy figure known as "The General."
Gottschalk who at 89 still works at the UCI campus medical plaza that bears his name said in court papers that the losses were caused by "some bad investments."
[...]
In the Gottschalk case, both the amount of the alleged losses and the reputation of the victim set it apart.
Louis Gottschalk, a neuroscientist, is the founding chairman of the Department of Psychiatry and Human Behavior at UCI College of Medicine. He gained national prominence by announcing in 1987 that President Reagan had been suffering from diminished mental ability as early as 1980.
He came to this conclusion by using the Gottschalk-Gleser scales, an internationally used diagnostic tool he helped develop for charting impairments in brain function, to measure speech patterns in Reagan's 1980 and 1984 presidential debates.
(Excerpt) Read more at latimes.com ...
"Note to Self: Perform self-test before making financial decisions."
Sounds like the old guy has lost it eh?
Maybe he just needs a new tinfoil hat?
(Denny Crane: "I Don't Want To Socialize With A Pinko Liberal Democrat Commie. Say What You Like About Republicans. We Stick To Our Convictions. Even When We Know We're Dead Wrong.")
LOL, there's someone who actually fell for the Nigerian bank account scam?? LMAO! And needless to say it was a Reagan hating looney tune.
I always wondered why those patently absurd Nigerian emails kept making the rounds.
Large amounts of money for nothing? Still sounds darned good, doesn't it?
Sweet irony.
Buy any lottery tickets lately? The Nigerians only wish they could run a scam as good as that one.
I think "Physician, heal thyself" certainly applies here!
THE NIGERIA THING IS A SCAM?????? OH CRAP!!!!!!!!!!!
Man, if he's been doing this for "a period of ten years" he was sure smart getting in early. LOL!
Doctors are consistently the WORST investors. They can never believe they're wrong.
Do not invent your own headlines for articles. Always use the one at the source you've put in the link.
What a shame.
Holy brainless Batman!!!
The Nigerians probably moved in on this guy right after he came out about RR-when he 'outed' himself as a total moron.
Always good to see another liberal dupe.
This only reinforces my beliefs about psychologists AND university professors.
The lottery is a tax on people who flunked high school math, and at least when the numbers were run by the Mob, they gave out a 100% payoff.
"I Don't Want To Socialize With A Pinko Liberal Democrat Commie."
Sounds like you did'nt attend the Fri. nite dinner at the CRP Convention! (Arnold spoke.)
I call it karma.
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