Reed Slatkin

Reed Slatkin was a respected Scientology minister when he defrauded investors of millions of dollars in a massive Ponzi scheme.

Reed Slatkin in the News

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December 2, 2003 Ex-Slatkin Associate Is Sentenced in Scam A former associate of Santa Barbara investment scam artist Reed Slatkin was sentenced to five months in federal custody and five months of home detention for obstructing a federal probe and lying to investigators. Morrow in September sentenced Slatkin to 14 years in federal prison for his scheme, which targeted many members of the Church of Scientology. Press, Reed Slatkin
January 9, 2002 Icon Accused of Fleecing Celebrities U.S. security regulators trying to piece together an investment scam that reached the highest levels of Hollywood - and a number of unsuspecting Canadians - have banned the alleged operator from ever associating with a financial advisor. The U.S. Securities and Exchange Commission handed down the punishment following negotiations with former Wall Street icon Reed E. Slatkin, who is accused of running one of the largest Ponzi schemes in American history. Authorities say Mr. Slatkin, an ordained minister in the Church of Scientology, offered people huge returns on investments. crimes, Press, Reed Slatkin
December 17, 2001 Slatkin Acknowledged Fabrications in 1988 Note For 16 years, EarthLink Inc. co-founder Reed Slatkin ran an investment fund that eventually took in $593 million from around 800 people, including many Hollywood celebrities. But back in 1988, Mr. Slatkin made a startling admission in a handwritten note: "Instead of working on stocks, I was working on fabricating statements." This acknowledgment was discovered by lawyers for Mr. Slatkin's clients who are looking into his rise and sudden fall. Reed Slatkin
August 11, 2001 Slatkin claims homestead exemption on property Santa Barbara News-Press: Slatkin claims homestead exemption on property Reed Slatkin
August 9, 2001 Judge puts Slatkin assets up for sale Santa Barbara News-Press: Judge puts Slatkin assets up for sale lawsuits, Reed Slatkin
July 31, 2001 Slatkin Trustee Warns Investors Their Recovery Chances Are Slim Wall Street Journal: Slatkin Trustee Warns Investors Their Recovery Chances Are Slim Reed Slatkin
July 31, 2001 Slatkin Takes the Fifth at Bankruptcy Hearing Los Angeles Times: Slatkin Takes the Fifth at Bankruptcy Hearing Reed Slatkin
July 31, 2001 Slatkin refuses to answer as angry creditors fume Santa Barbara News-Press: Slatkin refuses to answer as angry creditors fume Reed Slatkin
July 27, 2001 Slatkin may be half a billion short Santa Barbara News-Press: Slatkin may be half a billion short Reed Slatkin
July 26, 2001 Slatkin Half a Billion Short, Court Trustee's Report Says Los Angeles Times: Slatkin Half a Billion Short, Court Trustee's Report Says lawsuits, Reed Slatkin