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re: Baton Rouge Scandals

Posted on 1/16/25 at 8:29 pm to
Posted by luvdoc
"Please Ignore Our Yelp Reviews"
Member since May 2005
1096 posts
Posted on 1/16/25 at 8:29 pm to
Tito H
Posted by Beef Tips
Member since Jan 2013
2883 posts
Posted on 1/16/25 at 8:29 pm to
Gamecoin
Posted by BigBinBR
Baton Rouge
Member since Mar 2023
9108 posts
Posted on 1/16/25 at 8:29 pm to
quote:

I remember my dad saying they pitched him and he said it was so too good to be true, anyone who fell for it was an idiot.


I have a family member who was going to move 3MM over to Stanford, but they didn’t call him back for almost 2 weeks so he said F them. Best/Luckiest decision ever.
Posted by FizzyPop
350 posts
Member since Jun 2024
788 posts
Posted on 1/16/25 at 8:35 pm to
quote:

said it was so too good to be true, anyone who fell for it was an idiot.


Wrong! Your dad gave you shitty info. The genius of Stanford's scheme was that it was extremely believable on the surface. He was using Certificate of Deposits paying 2% over the going rate in the US. Obviously it was a scam but it was extremely believable in the moment to many investors from Houston to BR.
Posted by 3BlockUber
Member since Aug 2022
625 posts
Posted on 1/16/25 at 8:38 pm to
Well, pops said he told them no and then look what happened….maybe he’s just a genius?
Posted by yakster
Member since Mar 2021
3440 posts
Posted on 1/16/25 at 8:38 pm to
Well, their motto was”We wok your dog”
Posted by PolarPop5
Baton Rouge, La
Member since Aug 2017
295 posts
Posted on 1/16/25 at 8:41 pm to
I always enjoyed the thread of the guy who lived next to the tow truck driver and had major issues
Posted by Ray Finkle
Collier county
Member since Sep 2007
1774 posts
Posted on 1/16/25 at 8:41 pm to
There were some very prominent business people in Ascension who fell for his schtick and lost millions
Posted by fallguy_1978
Best States #50
Member since Feb 2018
52942 posts
Posted on 1/16/25 at 8:41 pm to
quote:

Son's of Silence (Sugar's Caberet)

Home of 15 beautiful women, and 3 ugly ones
Posted by FizzyPop
350 posts
Member since Jun 2024
788 posts
Posted on 1/16/25 at 8:43 pm to
Do your own research, there are rabbit holes on Stanford on YT. But essentially he was the first ponzi schemer to ever use the angle of CD's as the center piece to his fraud with legitimate brokers. People that fell for his scheme were far from idiots as your dad told you.
Posted by Hussss
Helena, AL
Member since Oct 2016
7676 posts
Posted on 1/16/25 at 8:46 pm to
Matthew Morris
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
62489 posts
Posted on 1/16/25 at 8:46 pm to
quote:

Vernon Roget'


Roger. I wonder what ever became of his wife, Diane Deaton. I guess she finally retired from WAFB.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73029 posts
Posted on 1/16/25 at 8:49 pm to
Nvm: didn’t realize season 1 true Detective is a fictional show

I thought it was based on a 1990s Louisiana murder scandal
This post was edited on 1/16/25 at 8:53 pm
Posted by Ed Osteen
Member since Oct 2007
58810 posts
Posted on 1/16/25 at 8:49 pm to
So how much did you lose?
Posted by 3BlockUber
Member since Aug 2022
625 posts
Posted on 1/16/25 at 8:49 pm to
His claim was it was too good to be true, not that the methods weren’t believable. I guess you fell for it.
Posted by 3BlockUber
Member since Aug 2022
625 posts
Posted on 1/16/25 at 8:50 pm to
quote:

Tuttle family


Who?
Posted by LSUSkip
Central, LA
Member since Jul 2012
24717 posts
Posted on 1/16/25 at 8:51 pm to
How did I never know that was his wife?
Posted by baybeefeetz
Member since Sep 2009
32567 posts
Posted on 1/16/25 at 8:52 pm to
Wait wtf happened with Vernon Roger??
Posted by Bourre
Da Parish
Member since Nov 2012
22941 posts
Posted on 1/16/25 at 8:53 pm to
Wasn’t there a string of BR serial killers?

Those stories
Posted by FizzyPop
350 posts
Member since Jun 2024
788 posts
Posted on 1/16/25 at 8:53 pm to
quote:

His claim was it was too good to be true, not that the methods weren’t believable. I guess you fell for it.


Oh okay, I guess January is the start of CRAWFISH season lol. Nice 180 pivot.
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