The Michael Ruge Diaries
The Michael Ruge Diaries
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Ruge began elevating money for his Chivas Expansion Fund in 2001, promising investors he would area the money with hedge-fund traders who were being “at the top of their career.”
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That, too, was a lie. KPMG sent Ruge a brusque letter reminding him that KPMG has “hardly ever been engaged because the auditor of Chivas Expansion Fund, nor will we settle for this sort of an appointment.”
Section of Ruge’s product sales pitch was that investors would get free food Michael Ruge items and accommodation within the Castle di Tornano in close proximity to Siena, Italy, where by he held courtroom, Nonetheless they must hurry as the rooms were being likely rapid.
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The Chivas Site identified as Ruge an “completed entrepreneur and Skilled investor” and claimed his company pursuits were “almost unerringly financially rewarding.”
Sorry to listen to that Michael has handed. Knew mike from back when he was the grill chef down at uncle mike's cafe. He was favored by All people that came in and you needed to keep watch over him for the was a pranksters. I continue to have some very good burn marks on my hand. Audios mike RIP.
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It took Fee investigators months to piece alongside one another what took place, and it wasn't a reasonably picture. Practically none of the $one.
My condolences to the Ruge family members,my Mom and his Aunt ended up best mates at 1 time.I grew up with him and his siblings, what a terrific male he was. I´m sorry which i couldn´t say goodbye. Relaxation quick my Pal. Trish
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