To: Colofornian
Like they say, when the tide goes out, you can tell who wasn’t wearing a swimsuit...
2 posted on
03/22/2009 12:20:56 PM PDT by
hunter112
(SHRUG - Stop Hussein's Radical Utopian Gameplan!)
To: Colofornian
What's the difference between a Ponzi Scheme and the Porkulus Package? (No answer required, it's rhetorical....)
3 posted on
03/22/2009 12:28:09 PM PDT by
SERKIT
("Blazing Saddles" explains it all.....)
To: Colofornian
Affinity fraud. Madoff picked mostly Jewish organizations and individuals because he was Jewish and had an in, and this guy picked mostly Mormons because he was Mormon. Fraudsters are completely amoral sociopaths. They use everyone and everything around them to achieve their completely selfish goals.
5 posted on
03/22/2009 12:34:22 PM PDT by
livius
To: Colofornian; colorcountry; greyfoxx39; Elsie; Zakeet
6 posted on
03/22/2009 12:36:45 PM PDT by
Utah Binger
(Southern Utah, where conservatives rule!)
To: Colofornian; AT7Saluki; Liz; writer33
8 posted on
03/22/2009 1:16:31 PM PDT by
Libloather
(What did one polar bear say to another polar bear? "Dang, its cold out here...")
To: Colofornian
So much for those honest Mormons we are always hearing about. As a group, Mormons are not all that honest in their business dealings; and I speak from experience. Only attorneys are worse.
To: Colofornian
In my experience in the field of finance, most pyramid schemes and get rich schemes have a Utah address.
10 posted on
03/22/2009 1:41:12 PM PDT by
aMorePerfectUnion
("I, El Rushbo -- and I say this happily -- have hijacked Obama's honeymoon.")
To: Colofornian
Last week there was a short story that IRS was giving Madoff’s victims some type of preferential treatment. I believe it was a tax credit for all or most of their declared loss.
I wonder if all ponzi scheme victims will get the same benefit??
If not, why not??
11 posted on
03/22/2009 1:58:44 PM PDT by
elpadre
(nation)
To: Colofornian
I am not really surprised. There was a book out several years ago called “The Darker Side of Virtue” that examines how LDS CULTURE feeds this kind of activity.
It is a hard book to find anymore, but a great read. Even talks about some scams GA’s were involved in.
13 posted on
03/22/2009 4:30:51 PM PDT by
reaganaut
(ex-mormon, now Christian. "I once was lost but now am found, was blind but now I see")
To: Colofornian
But he put their money into high-risk ventures, as well as luxuries like a $103,000 Lexus for his wife. Another liar, thief, and charlatan married to a woman with very expensive "maintenance."
It would be too low to call her a high price prostitute.....sort of.
16 posted on
03/22/2009 5:50:01 PM PDT by
SkyPilot
To: Colofornian
Federal prosecutors unsealed a complaint Friday charging the president of a suburban Sacramento company with running a $40 million investment scam that bilked about 150 investors, many of whom he met through his Mormon church. I guess if your 'customers' are folks who will believe a wild story about astronomical riches; the MORMON Organization® would be a really good place to look.
23 posted on
03/23/2009 4:45:18 AM PDT by
Elsie
(Heck is where people, who don't believe in Gosh, think they are not going...)
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