John Elway among those taken for a ride by Colorado hedge fund swindler

[marmar]

from HuffPost:



John Elway escaped many tackles during his career as a quarterback for the Denver Broncos, but he was no match for the lure of a hedge fund manager.

The Colorado District Attorney alleges a massive Ponzi scheme by Sean Mueller, who ran a hedge fund. Elway and his business manager reportedly invested $15 million in the fund.

The alleged scheme was a garden variety fraud. New funds were used to pay existing investors and phony account statements were sent to hapless "investors". We are all too familiar with this scenario.

These high profile cases involving celebrities garner the headlines. The steady erosion of hard earned money by brokers from average investors escapes scrutiny, even though the consequences of this conduct are far more pervasive. ..........(more)

The complete piece is at: http://www.huffingtonpost.com/dan-solin/elways-tackle-masks-a-big_b_765645.html

[ProudToBeBlueInRhody]

1. I hate John Elway

He's a Repuke who compared Gingrich to Thomas Jefferson. Fuck him.

[Motown_Johnny]

2. +1

and I lived in Colorado for most of his career

[ProudToBeBlueInRhody]

3. Oh, and Rich Karlis missed the extra point after the touchdown on "The Drive"

I really hated that team.

[nmbluesky]

8. I bet you are Cleveland Brown?

Sorry The Cleveland failed reach Super Bowl for three time because of The broncos.

[ProudToBeBlueInRhody]

10. Nope. Miami Aqua

But Elway is still a horsetoothed jackass.

[Gabi Hayes]

4. stupid, greedy, credulous shmuck, putting WAY too many eggs in one basket

heard them talking about this on sportstalker

they said he'd sold his auto dealerships for over 70 million

if that's correct, I wonder if he invested the rest in similarly risky ventures

hope so.

how much does it TAKE to be satisfied?

Everywhere there's lots of piggies,
Living piggy lives.
You can see them out for dinner
With their piggy wives....

[LiberalFighter]

6. +11111

He has always been a dickhead.

No sympathies for him.

Doesn't he own car dealerships?

[political_Dem]

5. He gets what he deserves. Greed doesn't always get rewarded.

[nmbluesky]

7. I loved him as

Broncos Player. I'm die hard broncos Fan. but, I dislike him as politic. he is a republican..

[Ikonoklast]

9. Bet that the guy that stole Elway's money was a good Republican.

Nice.



Greed makes fools of the greedy.