Martin Armstrong 
In 1999, Japanese fraud investigators determined that Armstrong had been collecting money from Japanese investors, improperly "commingling" these funds with funds from other investors, and using the fresh money to cover losses he had incurred while trading.[10] Assisting Armstrong in his scheme was the Republic New York Bank, which produced false account statements to reassure Armstrong's investors. In 2001, the bank agreed to pay $606 million as restitution for its part in the scandal.[11]
Armstrong was indicted in 1999, and was ordered by judge Richard Owen to turn over a number of gold bars, computers, and antiquities that had been bought with the fund's money; the list included bronze helmets and a bust of Julius Caesar.[12] Armstrong produced some of the items, but claimed the others were not in his possession; this led to several contempt of court charges.[13] Armstrong was jailed for seven years for contempt of court, until judge Owen was removed from the case and Armstrong reached a plea agreement with federal prosecutors.[14] Armstrong pleaded guilty to conspiracy and was sentenced to five years in prison.[15]
https://en.wikipedia.org/wiki/Martin_A._Armstrong
Main street ekonomer må vara "clueless" men de är i alla fall inga Charlatans som Martin Armstrong
In 1999, Japanese fraud investigators determined that Armstrong had been collecting money from Japanese investors, improperly "commingling" these funds with funds from other investors, and using the fresh money to cover losses he had incurred while trading.[10] Assisting Armstrong in his scheme was the Republic New York Bank, which produced false account statements to reassure Armstrong's investors. In 2001, the bank agreed to pay $606 million as restitution for its part in the scandal.[11]
Armstrong was indicted in 1999, and was ordered by judge Richard Owen to turn over a number of gold bars, computers, and antiquities that had been bought with the fund's money; the list included bronze helmets and a bust of Julius Caesar.[12] Armstrong produced some of the items, but claimed the others were not in his possession; this led to several contempt of court charges.[13] Armstrong was jailed for seven years for contempt of court, until judge Owen was removed from the case and Armstrong reached a plea agreement with federal prosecutors.[14] Armstrong pleaded guilty to conspiracy and was sentenced to five years in prison.[15]
https://en.wikipedia.org/wiki/Martin_A._Armstrong
Main street ekonomer må vara "clueless" men de är i alla fall inga Charlatans som Martin Armstrong
