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Ruge began increasing revenue for his Chivas Growth Fund in 2001, promising investors he would location the money with hedge-fund traders who were “at the best in their occupation.”
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My condolences on the Ruge family,my Mother and his Aunt have been finest buddies at one particular time.I grew up with him and his siblings, what a marvelous guy he was. I´m sorry that I couldn´t say goodbye. Rest straightforward my Mate. Trish
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“The Ruges are requested to prevent utilizing the Rotary name in reference to their excursions, and Rotary Worldwide is having additional techniques to stop this unauthorized use.” IE
It took commission investigators months to piece collectively what transpired, and it wasn't a pretty picture. Practically Not one of the $one.
Ruge claimed he would only settle for income from investors who were being charitably minded: “It's essential to give back again towards the Group or we gained’t trade your hard earned money. We now have presently turned down two individuals who wished to take a position fifty percent one million dollars.”
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Sorry to listen to that Michael has passed. Knew mike from again when he was the grill chef down at uncle mike's restaurant. He was preferred by everybody that arrived in and you simply needed to keep an eye on him for the was a pranksters. I continue to have some very good burn marks on my hand. Audios mike RIP.