The Salt Lake Tribune
Wednesday, January 30, 2008
Utah Classic Swindle*
You're never too old to be a player.

Think about it. If an older-than-dirt geezer offered you shares in a gold mine, what would you do? Being a Utahn, you'd jump right in, of course. Hook, line, sinker.

An
84-year-old duffer (for some reason the Tribune doesn't name him — so check that "Paw-Paw" is still in his basement room) is accused of ripping off three "investors," otherwise known as chumps, marks or fish, to the tune of $150,000.

He promised the mugs bullion from his mines in Nevada and Californee. Gold, I tell ye!

To be precise, besides exorbitant interest on their money, the suckers were promised 600 ounces of gold. Gold!

The elderly flim-flam man is looking at several fraud counts, and, presumably, paid his bail in pieces of eight.
*Note: Because of the dizzying number of swindles in the Utah: the Fraud Capitol, it's impossible to report them all. Instead, I will review selected scams as performance art, like theater or dance.

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