Rocky Mountain High Losses

Jerrald Green of Denver is accused of running a Ponzi scheme, racking up to $12 million. The good news is that Mr. Green claims the whole ordeal is just a “misunderstanding.” Mmmm hmm. The Colorado securities commissioner notes in a civil case that Green received $12.5 million in investments, but only actually invested $4.9 million. FC will be keeping an eye on this misunderstanding. See Investment News for more info. http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20091111/FREE/911119982/1094/INDaily01

November 18, 2009 In: Uncategorized Comments (None)