Jump to content

Man gets $145 million in investment money to sell sandwiches in a can


nodle
 Share

Recommended Posts

but then he got sued for fraud

 

In all, Travis L. Wright raised $145 million from 175 investors between 2001 and 2009, according to the suit. He only invested $6 million in the kinds of things he said he would be investing in, the SEC saysWright also spent $15 million of investors' money for his own expenses, according to the lawsuit. Among other things, he bought a house formerly owned by an unnamed pro basketball player. And he paved his driveway using cobblestones imported from France.

http://www.npr.org/blogs/money/2010/07/08/128380385/sandwich-in-a-can

 

http://imgur.com/gRQRz.jpg

 

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.