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Woman Loses Life Savings In Alleged $31M Ponzi Scheme That Bilked Investors Through Forged Deeds, Sale Of Same Lots To Multiple Victims

By r morris

In Pocatello, Idaho, the Idaho State Journal reports:One of the victims of an alleged Ponzi scheme that used a Pocatello property as part of an elaborate scam to bilk investors of $31 million said she lost a six-figure sum. ?I was absolutely devastated,? Carolyn White said about the moment she realized [her] savings was gone. ?I had to take sleeping pills that night. I lost everything.?White ?

Full post as published by The Home Equity Theft Reporter on January 03, 2010 (boomark / email).