Tuesday, December 9, 2008

The Gathering Darkness: Freakish Fraud Events Cloud Year's End

Recent bizarreness in investment fraud seems to be a product of cosmic alignment in the weeks leading to Christmas. This year's manger features a con man with his hand out, lit by a helicopter search light. No angels in the budget this year.

High (or low) points so far:

Pay By Touch honcho John P. Rogers puts the touch on VC investors for $340 million

Attorney Marc Dreier hung out to dry for issuing $100 million in fake notes

Boots Del Biaggio nailed by Feds in $65 million scam

Add your own bailout insanity item here!