Merit Network
Can't find what you're looking for? Search the Mail Archives.
  About Merit   Services   Network   Resources & Support   Network Research   News   Events   Home

Discussion Communities: Merit Network Email List Archives

North American Network Operators Group

Date Prev | Date Next | Date Index | Thread Index | Author Index | Historical

EarthLink founder guilty of operating a Ponzi scheme

  • From: blitz
  • Date: Wed Mar 27 16:57:37 2002




LOS ANGELES The co-founder of EarthLink, one of the nation's
largest Internet providers, agreed yesterday to plead guilty to operating a
Ponzi scheme that involved $593 million and 800 investors, including
celebrities.

Reed Slatkin acknowledged in court documents that he was responsible
for $254 million in losses and agreed to plead guilty to mail fraud, wire
fraud, money laundering and obstruction of justice charges.

Full story here:
http://www.uniontrib.com/news/business/20020327-9999_1n27ponzi.html




Like we didn't know?





Discussion Communities


About Merit | Services | Network | Resources & Support | Network Research
News | Events | Contact | Site Map | Merit Network Home


Merit Network, Inc.