Tag: Durango Herald
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Colorado Securities Commissioner Tells Durango Herald: ‘They Want So Badly To Believe In The Tooth Fairy’
Joe Hanel, the Denver correspondent for the Durango Herald, has written a series of reports that delves into the symphony of the bizarre surrounding Ponzi schemer Frederick H.K. Baker, who once was immersed in the HYIP world but now is in prison. If you’ve been wondering about the psychology of Ponzi schemes — perhaps particularly…
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Report By Small-Town Newspaper In Colorado Leads To Forex Ponzi Scheme Arrest In Chicago; FBI Nabs Mark Akins After Durango Herald Readers Provide Tips
A fugitive suspected of helping organize a Forex Ponzi scheme that traded on a claim that a special “algorithm” led to hefty profits has been arrested in Chicago after a small-town Colorado newspaper 1,350 miles away reported he was wanted. The Durango Herald, which has a circulation of 9,400 and has received awards from the…