Rick Koerber, who became infamous in Utah for his 'Free Capitalist' real estate investment seminars, has been given 14 years in federal prison for running what prosecutors called a Ponzi scheme.
Rick Koerber, who became infamous in Utah for his"Free Capitalist" real estate investment seminars, has been given 14 years in federal prison for running what prosecutors called a Ponzi scheme.. Many of his supporters packed the courtroom, heckling the judge and yelling objections.
Bundy, speaking from a podium constructed from a trash can, claimed that Koerber was targeted by the state for contributing to Bundy's legal defense. He told the station"He did not have a Ponzi scheme and he did not intentionally take money from people."
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