a friend of mine is a pool builder, his father a home builder. together they invested with a guy who promised to buy and sell high end exotic cars for a profit. they first gave him close to 400k to buy two bentleys. he returned to them a week later and said that the deal was done and money was processing and because of exchange rates would take a few days. he produced phony receipts and asked for another 400k...they obliged thinking the deal was good. after that, the guy left town and moved to virginia. over 800k lost. the cops found the guy, arrested him, but the money was gone.
http://www.wftv.com/news/news/man-ac...e-fraud/nFCrj/
the news link is down for some reason.