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Odd Planet

December 14th, 2007 at 3:54 am

Con artists and suckers

You’ve all heard those stories about people selling swamp land and so on …

Well rather than sell some sucker a bridge, a California man - Steven Ferguson - made off with $5 million dollars when he sold off a waste treatment plant in New Jersey.

the smooth talker promised huge returns on the investments that his soon to be victims thought was going to be a waste treatment plant.

He has since been sentenced to 11 years in prison and ordered to pay $6 million in fines.






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    Can’t believe people still fall for these…given the age of information we live in. :-)

    Shantanu (1 comments.) on December 15th, 2007

 



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