The Incredible 'False Profit'

[zengrifter]

To the multitudes of investors who sent him money, Clyde Hood's promises of low-risk, high-return investmensts must have sounded like the answer to their dreams. Shane Tritsch's article "False Profit" recites the bizarre story of the retired electrician who held himself out to be one of the world's top financeers in the process of fleecing tens of millions from tens of thousands.

Here - http://www.quatloos.com/FalseProfit.pdf

[zengrifter]

This was a good read. zg

[glovesetc]

as well as entertaining !!! It goes to show you P.T> Barnum's old axiom still rings true today - there is a sucker born every minute . A federal prosecutor once told me and I quote " If it sounds too good to true it is probably illegal ' unquote . Truer words may never have been uttered .