Tuesday, September 15, 2009
farscaper, theftlossdeduction.com,
farscaper, theftlossdeduction.com,
Gary Sorenson - Milowe Brost - Syndicated Gold Depository
Gary Sorenson and Milowe Brost steal close to $400 million in international Ponzi scheme using Syndicated Gold Depository S.A., which was supposed to lend money to Merendon Mining Corporation Ltd., with the promise of a high rate of return and tax advantages.
10/15/09 - CALGARY Alberta Canada — Two men accused of creating a Ponzi scheme that allegedly defrauded investors around the world of millions of dollars won't be back in a Calgary court until Dec. 14.
The case was put over Monday because lawyers for the two still need to be found.
Gary Sorenson and Milowe Brost are both charged with fraud and theft over $5,000 in a pyramid scheme. Neither appeared in court.
Police allege thousands of investors in Canada, the United States and overseas were swindled between 1999 and December 2008.
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Posted by Tracey on 09/15/09 at 03:20 PM •
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