Kristi King

Texas Wesleyan University

White Collar Crime Fall 2011

Blog Comment: Gold

I am not sure how long this individual was involved in the business of defrauding American

citizens, but no matter what length of time, $30 million is a substantial amount of money to

accumulate. Therefore, instead of bawl bagging about how apologetic he is, why does he not just

return the wealth that he accrued? His tears were for no one other than himself, and for the judge

that will sentence him. I would cry if I too thought I may spend the next 25 years in the

penitentiary. What is going on with the individuals who invest their money with a stranger over

the telephone? This is amazing to me! I do not have any money, but if I did, I suspect that I

would invest with a reputable company. I am not saying these persons deserved to be ripped off,

as no one deserves that sort of treatment, but they really should have done more research. The

anchor in the video stated it best when she said, “If it seems too good to be true, chances are it

probably is”.