Politech is the oldest Internet resource devoted to politics and
technology. Launched in 1994 by Declan
McCullagh, the mailing list has chronicled the growing
intersection of culture, technology, politics, and law. Since
2000, so has the Politech web site.
Con man bilks MS, Valley investors out of millions, DOJ says
- Date: Wed, 30 May 2001 16:35:13 -0400
- To: politech@politechbot.com
- Subject: FC: Con man bilks MS, Valley investors out of millions, DOJ says
- From: Declan McCullagh <declan@well.com>
http://www.wired.com/news/politics/0,1283,44169,00.html
Casino Investment Scam Craps Out
By Declan McCullagh (declan@wired.com)
10:55 a.m. May 30, 2001 PDT
WASHINGTON -- A federal grand jury indicted a 23-year-old Utah
resident on charges of running a brash scam that bilked investors out
of over $4 million by promising them shares of a Internet and casino
gaming company.
Robert Robb of Orem, Utah, falsely claimed that Microsoft CEO Steve
Ballmer offered him $50 million, that magician David Copperfield had
participated in a Las Vegas launch of the multiplayer gaming
terminals, and that Mirage Resorts had licensed the systems, according
to the 8-page indictment released Tuesday.
Nick Humy, an assistant federal public defender in San Jose,
California, said his client appeared in court on Tuesday and pled not
guilty to each of the 11 counts of wire fraud and extortion.
The case provides a glimpse into the seamier side of the Internet boom
around September 1999, when Robb allegedly began to raise millions of
dollars from wealthy Microsoft employees and Silicon Valley investors
by forging documents and promising easy money from casinos.
[...]
-------------------------------------------------------------------------
POLITECH -- Declan McCullagh's politics and technology mailing list
You may redistribute this message freely if you include this notice.
To subscribe, visit http://www.politechbot.com/info/subscribe.html
This message is archived at http://www.politechbot.com/
-------------------------------------------------------------------------
Return to politechbot.com