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re: Shreveport baw pleads not guilty in $96 million investment scam

Posted on 2/7/18 at 8:06 pm to
Posted by slackster
Houston
Member since Mar 2009
85143 posts
Posted on 2/7/18 at 8:06 pm to
A bank lost $29MM with this guy and the Gamble family in Shreveport lost $7.25MM. Whoa.
This post was edited on 2/7/18 at 8:07 pm
Posted by Jim Rockford
Member since May 2011
98369 posts
Posted on 2/7/18 at 8:16 pm to
IIRC the guy was a local and pretty well connected, so people trusted him more than they would somebody who showed up on the midnight train. Still, it's surprising when financial pros get slickered, but it happens more often than you'd think.
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