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Saturday, July 02, 2011
Billy Gillispie was an investor in GLC Ltd., which turned out to be an illegal ponzi scheme
1 comment:
Anonymous
said...
Aaron, I know the main intention here is to discredit Gillispie, but I think the wording is misleading. I believe it has only been the greedy lawyers that were been sued by the owners of GLC investment company that have accused GLC of running a fraudulent ponzi racket. I think the owners have not been charged with any wrong doing as yet and indeed are making efforts to recover moneys for the purpose of repaying their other clients. Operators of ponzi schemes rarely stop to file for bankruptcy they usually just grab ass and run.
1 comment:
Aaron, I know the main intention here is to discredit Gillispie, but I think the wording is misleading. I believe it has only been the greedy lawyers that were been sued by the owners of GLC investment company that have accused GLC of running a fraudulent ponzi racket. I think the owners have not been charged with any wrong doing as yet and indeed are making efforts to recover moneys for the purpose of repaying their other clients. Operators of ponzi schemes rarely stop to file for bankruptcy they usually just grab ass and run.
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