Michael Ruge - An Overview
Michael Ruge - An Overview
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Though Ruge signed a settlement arrangement admitting that he experienced defrauded buyers, he seems something but contrite.
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Ruge started increasing income for his Chivas Expansion Fund in 2001, promising buyers he would put the money with hedge-fund traders who had been “at the best of their job.”
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That, much too, was a lie. KPMG despatched Ruge a brusque letter reminding him that KPMG has “hardly ever been engaged as the auditor of Chivas Progress Fund, nor will we take these types of an appointment.”
Component of Ruge’s gross sales pitch was that buyers would get no cost food stuff and accommodation for the Castle di Tornano close to Siena, Italy, the place he held court docket, Nevertheless they must hurry because the rooms have been likely rapid.
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Sorry to hear that Michael has passed. Knew mike from again when he was the grill chef down at uncle mike's restaurant. He was preferred by All people that came in so you needed to regulate him to the was a pranksters. I nevertheless have some very good burn up marks on my hand. Audios mike RIP.
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It took Fee investigators months to piece with each other what occurred, and it wasn't a fairly Michael Ruge photograph. Nearly Not one of the $1.
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