Great frauds in history: Reed Slatkin’s Investment Club

Reed Slatkin was born in Detroit in 1941, and was converted to Scientology by his uncle as a teenager, studying with the religion’s founder L. Ron Hubbard and eventually becoming an ordained minister in 1975. He would later use his position within the Church to set up an unlicensed investment club, which ran from 1986 to 2001, with around 800 investors, including the actor Giovanni Ribisi (who ironically starred in the 2000 film Boiler Room about penny-stock fraud), contributing a...
source: Money Week

2020-01-14 11:20
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