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<blockquote data-quote="deleted member" data-source="post: 271016" data-attributes="member: 816"><p>i will have to actually find some old articles. but, i think the number being thrown around originally was 23 million in transactions or purchases or some shit like that. and they were making it read like he had actually defrauded folks of that amount. my thoughts on that were that number couldn't possibly be representative of actual losses others sustained unless he literally blew threw the 23 million on blow, hookers, fancy cars, mansions, and trips to amsterdam in 2 or 3 years. so, there must be actual assets to sell (grain elevators, etc... ) and some money in the bank. the 11 million could also be representative of losses to others. but, i still would think he must some way to pay back a big chunk of that... if he bought 23 million dollars worth of grain, even if he sold at a small loss, he must have a bunch of grain left or money someplace.</p><p></p><p><span style="color: silver"><span style="font-size: 9px">- - - Updated - - -</span></span></p><p></p><p>mind you... i know nothing about trading grain. maybe its just like trading stocks or gambling. and he just lost it all?</p></blockquote><p></p>
[QUOTE="deleted member, post: 271016, member: 816"] i will have to actually find some old articles. but, i think the number being thrown around originally was 23 million in transactions or purchases or some shit like that. and they were making it read like he had actually defrauded folks of that amount. my thoughts on that were that number couldn't possibly be representative of actual losses others sustained unless he literally blew threw the 23 million on blow, hookers, fancy cars, mansions, and trips to amsterdam in 2 or 3 years. so, there must be actual assets to sell (grain elevators, etc... ) and some money in the bank. the 11 million could also be representative of losses to others. but, i still would think he must some way to pay back a big chunk of that... if he bought 23 million dollars worth of grain, even if he sold at a small loss, he must have a bunch of grain left or money someplace. [COLOR="silver"][SIZE=1]- - - Updated - - -[/SIZE][/COLOR] mind you... i know nothing about trading grain. maybe its just like trading stocks or gambling. and he just lost it all? [/QUOTE]
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