Wednesday, December 9, 2009

Let's Kick Back

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One scam artist who lives in Lake Worth was finally not so lucky or let’s say, his scam was whammed.

Robert Ladrach of Lake Worth pleaded guilty of conspiracy and mail fraud and now is waiting sentence. He was involved in a Ponzi scheme that milked investors out of $18 million. None of the investors ever received any profits.

Under Greater Bay, we would not have seen any either, not for over 40 years. Can you even imagine what would have happened at our beach if we hadn’t of used that one big kick?

1 comment:

kkss21 said...

Well,I guess David Vespo could have had his cocktail by the pool,,,, You have to wonder what the people who want to steal a public beach were promised under the table. Sad.