Kiefer Sutherland’s Bovine Ponzi Scheme Stems Back to 2006
Yesterday it was widely reported that Kiefer Sutherland had been part of a cattle scam that saw him lose in excess of $869,000 under the premise that Michael Carr would take that money, buy livestock in Mexico and sell them for profit in the U.S. The New York Daily news reported:
“Carr allegedly took $869,000 from Sutherland and $177,000 from a New Mexico couple. Prosecutors say there’s no record Carr ever bought the steers. They also say Carr sold steers that didn’t belong to him
TMZ is now reporting that Kiefer fell for it because it was part of a larger Ponzi-type scheme where an earlier investment with Michael Carr saw Kiefer earn a $130,000 profit. That would be the bait to get him to invest even more money.
Back in 2006 Kiefer gave Carr $550,000 to buy cattle and 30 days later received $685,000 wire-transferred from Carr. Kiefer has never even met Carr nor spoken with him on the phone as it was a deal his financial advisors approved. Oops. Someone’s going to lose their job.
Several other people were affected by the scam and Carr is faced with 12 felonies, including grand theft and embezzlement.
If Kiefer needs comforting he knows where to find me. My address appears on all of those love letters restraining orders he keeps sending me.
Photo: HRC/WENN
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Actually I would feel real sorry for the idiot that did this. But look at this way. It could’ve been worse if Sutherland really had gone Jack Bauer on the idiot. Just picture a new reality action show where we see the usual countdown timer but right next to it a blood pressure meter slowly rising with the ticking of the timer as we see Jack Bauer doing a little hunting with everything from high tech killer drones to a very sharp eye poking meat thermometer! Yep. Either way I would see him in the head of the line to get a serving of ponzi scheme rustler mountain oysters. Ding! Timers done!