Earthlink founding investor Reed Slatkin to plead guilty

March 27, 2002 4:22 PM

Earthlink founding investor Reed Slatkin to plead guilty of defrauding over 800 people out of $254 million in a Ponzi scheme. Several of the victims were members of the Church of Scientology, where he was a minister. Oh, and he filed for bankruptcy too so there's no chance for reparations... I don't know how to feel!
posted by kfury (10 comments total)

> I don't know how to feel!

Were you one of the 800?
posted by sylloge at 4:36 PM on March 27, 2002

what's a ponzi scheme?
posted by o2b at 5:02 PM on March 27, 2002

Must I do everything for you, o2b?

;-)
posted by i_am_joe's_spleen at 5:13 PM on March 27, 2002

How is it possible fo Scientology and fraud to be linked?
posted by NortonDC at 5:53 PM on March 27, 2002

Impossible. The Church of Scientology always operates on the highest levels of ethical righteousness. Ain't no way that a Scientologist could behave poorly.

It must have been his Thetans.
posted by five fresh fish at 8:31 PM on March 27, 2002

Isn't the founder of Earthlink, Sky Dayton, also heavily involved in Scientology? It's important to be clear about these matters.
posted by mrhappy at 9:26 PM on March 27, 2002

Sky Dayton is, indeed a Scientologist. To be fair, the Co$ didn't have anything to do with Slatkin's crimes, it just provided him with the contact with his victims, which include FoxNews legal-infobabe (and plastic surgery victim) Greta Van Susteren and her husband.

Now that I've just defended the Co$, I'm going to go take a very long, scalding hot shower in which I shall scrub myself with bleach. Erk.
posted by Dreama at 10:13 PM on March 27, 2002

what's a ponzi scheme?

Send me $20,000 and I'll explain it to you.
posted by HTuttle at 11:05 PM on March 27, 2002

Enron, Global, EVERY dot com, SCAMs R US.

Add to the list EVERY TV analyst. They're as guilty as anyone. Line 'em all up against the wall.

P.S. The SEC is a Bull Tit!
posted by HTuttle at 11:08 PM on March 27, 2002

what's a ponzi scheme?

Ask Alan Greenspan. He's an expert.
posted by Optamystic at 2:59 AM on March 28, 2002