CNBC: American Greed Scams: Reed Slatkin

Discussion in 'News and Current Events' started by Smurf, Jul 17, 2010.

  1. Smurf Member

  2. DeathHamster Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    LOL! They never de-ministered him (and pulled his cookie-cutter page) until his conviction was in the bag! He never "left the church".

    Or... do they mean that he stopped doing church crimes for other more lucrative crimes?
  3. Triumph Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    Greta Van Susteren and Hubby John Coale had to pay back $$$ in the form of fines for some of their profits + ill gotten gains from their Slatkin deal.

    thats the thing with a pyramid.scam.a few larger influential investors..get those huge returns...while the rest of the bottom feeder gets..raked over the coale's

    John Coale and his wife, legal commentator Greta Van Susteren, agreed to return about $700,000 of the $939,000 they netted.

    Reed Slatkin was the king of Ponzi Schemes till Bernie Matoff took his crown
  4. Anonymous Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    At least his youngest kid, Brett, turned out OK:

    Brett Slatkin is a Software Engineer on the Google App Engine team. He joined Google in 2005 and formerly worked on Google's production server management and security systems. He earned his B.S. in Computer Engineering from Columbia University in the City of New York & his Masters in Computer Science from UC Santa Barbara. He lives in San Francisco.

    Brett Slatkin - Google Profile

    His older brother, Justin Michael aka JMike, is a largely unemployed DJ in the Santa Barbara area who made an unsuccessful run for Mayor.

    Santa Barbara Mayor’s Race Gets a Fresh Perspective -
  5. Triumph Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    Reed donated $500,000 as a Founding Member of the group raising construction funds for Scientology's Super Power Building in Clearwater, Florida.

    Bet they didn't Give that Back!

    Reed was also a member of the World Institute of Scientology Enterprises in 1997, but according to CoS spokesman Aron Mason, quoted in Esquire (September 2001), he left the organization in 1998 because he "could not live up to WISE's ethical standards." (According to the article, Mason "declined to comment" on the specifics.)

    you know your a schmuck and a swindler when you can't live up to WISE's ethical standards

    forgot how much good stuff is on this site

    Slatkin Top 75 Net-Gainers
    Top of the List
  6. Anonymous Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    By OK, you mean that he's not/no longer a Scientologist? Otherwise, I'd worry about Snow White type ops at Google.
  7. DeathHamster Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    That's their standard bullshit excuse when someone gets caught. As always "ethical" means Keep Scientology Working and they had to disown him.
  8. Triumph Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    looking down the Lists of investors he swindled..not all are Scientologists..but a high percentage are...

    hes 4th on the list of
    Most Destructive to the Cult of Scientology Mafia

    1) L. Don Vito Hubbard
    2) "Mad Dog"Davey Mc Slappy
    3) Tommy "the Lip" Davis
    4) Reed "Salad Tosser" Slatkin
    #22 Top 75 Net Gainers in Slatkin Case.
    "Cadillac" Ron Rakow still In Scientology?

    Grateful Dead Pedobear Approved

    He Said Wingding LOL
  9. DeathHamster Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    What about Hubbard?

  10. Triumph Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    even Bennetta Slaughter has her own Slatkin fraud page

    a little old... but still useful...( the info on the page) Ok so Bennetta is a little old too.

    Reed Slatkin Media Resource
  11. Ann O'Nymous Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    Oldies but goldies.
  12. Sponge Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    Another re-run of the American Greed documentary series with the Reed Slatkin scam...

    Episode 10: Stealing $$$ From Scientologists
    Saturday, October 23rd 7pm ET
  13. subgenius Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    thanks for that
    and he he
    "Stealing From $cientologists"
    seems like an inevitability, foregone conclusion, or
    "You can't cheat an honest man."
  14. subgenius Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    Just noticed this post and found it very informative on tactics.
  15. XenuHater Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    Slatkin should rot in jail. That is all.
  16. DeathHamster Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    Are you sure that isn't Howard Stern?

  17. Smurf Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    If Benetta was born 40 years earlier, I'd swear she was hosting Tiny's thetan.

  18. AnonyMary Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    That's a god show. Must see at least 1x. Slatkin looks like he's getting dementia

    Federal Bureau of Prisons
    Inmate Locator - Locate Federal inmates from 1982 to present
    Name Register # Age-Race-Sex Release Date
    1. REED E SLATKIN 24057-112 61-White-M 07-06-2014 LOMPOC USP

    Just in case someone wnted to drop him a note:

    Inmate Mail/Parcels

    Do not send funds to this address; for more information go to the Inmate Money page. Use this address when sending correspondence and parcels to inmates confined at this facility.

    3901 KLEIN BLVD
    LOMPOC, CA 93436
  19. Jeff Jacobsen Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    I mailed him a long time ago in hopes of conducting an interview but he never responded back. I think some other OG have mailed him as well. I can't believe he would come out of prison and jump back into Scientology.

  20. Anonymous Member

    Re: CNBC: American Greed Scams: Reed Slatkin

  21. Sponge Member

  22. tikk Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    Reed's chances of rejoining Scientology are as good as John Lennon's chances of rejoining The Beatles. Here on earth at least. His son (Justin, a/k/a "JMike") wrote me an email a few years ago and told me that Reed was "excommunicated," and that he was too. The CoS would take Mike and Marty back before Reed--apostasy is one thing but Reed was the cause of a ton of mainstream press scorn and derision; and perhaps more importantly, he wound up fucking over too many important Scientology publics, including celebrities. He's persona non grata forevermore.
  23. Smurf Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    The facts showed, contrary to all the PR lies forwarded by the cult, that Reed, in the same vein that Rex Fowler did with his own company in Denver, took investors $$$ and gave large sums to IAS.

    The cult was forced to return a chunk of that money after the bankruptcy trustee in the case threatened to sue Scientology for it. Reed Slatkin's "crime" with relationship with the cult was that he got caught and was prosecuted for it and it put the cult at risk for garnering lots of additional bad PR.

    The cult "excommunicated", i.e. declared him to distance themselves from him & his family to avoid the media spotlight. His youngest son, Brett, has done well for himself working as a software engineer for Google in SF.

    Brett Slatkin - Google Profile
  24. eddieVroom Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    Rule Number One: DON'T GET CAUGHT.
  25. Re: CNBC: American Greed Scams: Reed Slatkin

    I actually got my OT 7 mom to watch this show. She worked for Stina Hines for many years, as a computer programmer at MCBA. Stina Hans was the person that made the most profit of this scam, 6 million. At least mom knows why she was laid off right after this scandal was uncovered. Many people lost their jobs because of Reed Slatkin.
  26. Smurf Member

    Re: CNBC: American Greed Scams: Reed Slatkin

    You're thinking of Stina Hans Kreiner, Joel's wife. Joel is a former Scientology attorney who was disbarred in 1994.

    Reed Slatkin Media Resource

    State Bar of CA :: Joel Kreiner

    Stina Hans - Scientology Service Completions | Truth About Scientology Statistics Project
  27. 555

    Scientologist Ponzi Schemer Out of Prison

    By Michael Hackard on July 9, 2013Posted in Bankruptcy Clawback News, Ponzi Profiles, Ponzi Video

    Former cleric in the Church of Scientology and Ponzi extraordinaire Reed Slatkin is now a free manafter serving his time in federal prison and a halfway house. Slatkin, 64, was sentenced to 14 years’ incarceration in 2003 after running an enormous $593 million scam that took in 850 investors. Slatkin’s case turned out to be another instance of affinity fraud, as he exploited fellow Scientologists (with plenty of celebrities included) as well as those sharing his Jewish roots. Just days before being hit with an SEC injunction in 2001, his fraudulent empire collapsed into bankruptcy, and soon the FBI was knocking at his door.
    It was in 1986 that Slatkin launched his scheme under the cover of an unregistered investment business, the “Reed Slatkin Investment Club.” Previously a minister in Hollywood’s Church of Scientology, Slatkin decided that reading the E-Meter during sessions to clear thetans just wasn’t making him the money he deserved. Converting the garage of his Santa Barbara home into a day-trading center buzzing with computer hardware, he pitched 24% annual returns on stock market investments. While Slatkin was investing, he wasn’t cranking out the profits he represented; instead he was siphoning fictitious interest to investors from their own money.

    View Part II and Part III of Slatkin’s American Greed bio.
    During his 15 years of scheming, Slatkin was riding high and even managed to make $100 million off his founding share in Earthlink, a Scientologist-generated technology company that enjoyed success in the late 1990s. Slatkin would decorate his Hope Ranch hacienda with fine art, drive fancy cars and purchase a private jet at the expense of victims, upon whom he inflicted $210 million in damage. Remarkably, bankruptcy trustee Todd Neilson was able to recover 40% of investor funds through clawback actions, though he only demanded payment of fictitious interest from a group of 75 who had profited from the fraud. The Church of Scientology excommunicated the onetime expert fundraiser Slatkin, which means he probably won’t be invited to any of Tom Cruise’s award speechesanytime soon.

    • Age: 64
    • Company: Reed Slatkin Investment Club
    • Job: Day Trader
    • Scam: Stock Trades
    • Profits: 24%
    • Ponzi Time: 1986-2001
    • Number of Victims: 850
    • Affinity Fraud: Scientologists
    • Amount of Fraud: $593 million
    • Location: Los Angeles, CA
    • Indictment: Multiple Counts of Conspiracy, Fraud, Money Laundering
    • Court: U.S. District Court, Central District of CA
  28. The Wrong Guy Member

    Swindles: Sickening rip-offs | The Charleston Gazette

    October 13, 2013


    Scientology scam -- Minister Reed Slatkin launched an investment operation that took nearly $600 million from fellow Scientologists and rich Hollywood celebrities. He donated lavishly to the Church of Scientology. It was a Ponzi scheme, using money from new clients to reward previous investors. After the pyramid collapsed, Slatkin drew a 14-year federal prison term, and many lawsuits hit his former associates.
    • Like Like x 3
  29. Quentinanon Member

    • Like Like x 2
  30. wolfbane Member

    Bizarre factoid is bizarre... and ironic... and a wee bit creepy.
    • Like Like x 1
  31. RightOn Member

    not to bring up yet another LIST.
    But does anyone know if there is a thread dedicated to COS convicted criminals (and also ones that got away that shouldn't have like Eastgate) and the positions they held in the cult all in one neat package? And if it does exist, is it buried and need new life? We can also add that women who wanted to keep that cop imprisoned.
    Would be good for journalists and researchers to access?
    Maybe good protest fodder too?
    • Like Like x 1
  32. DeathHamster Member

    • Like Like x 5
  33. Good.

    Unpleasant to post in a smurf thread however.
  34. DeathHamster Member

    Died on Saturday. He comes back tomorrow.
    • Like Like x 4
  35. Budd Member

    The above video, : HOW can people listen to this stuff, and not run out of the room?
    Is it that they've been in so long that they accept it as fact?
  36. The Wrong Guy Member

    Five months later, Ponzi schemer and Scientologist Reed Slatkin is still dead

    By Tony Ortega, The Underground Bunker, November 20, 2015

    The article concludes:

    ...five months after Reed dropped dead of a heart attack on June 20, the only news outlet that has reported his death is the Underground Bunker.

    What gives? We have to express surprise that the news organizations which feasted on the Reed Slatkin story a decade ago, with its salacious mix of Hollywood, Scientology, and greed, are now so uninterested in the man that they wouldn’t at least give up space for a small digest item about his demise.

    Has the L.A. Times just not heard that one of the country’s biggest fraudsters expired in the middle of that newspaper’s service area, at Cedars-Sinai Medical Center on Beverly Boulevard in West Hollywood? Earlier this year, the Times broke the biggest Scientology story it’s had in a decade, about Scientology leader David Miscavige hiring private eyes at $10,000 a week to follow his own father, who escaped from the organization’s secretive international base near Hemet in 2012. But except for that excellent piece by Kim Christensen, LA’s paper of record has seemed a lot less curious about Scientology in recent years, even as it sits amid the greatest concentration of Scientologists in the world (such as it is).

    Well, OK, we’ll keep this story to ourselves for now. But just for fun, we had a look to see if Reed’s expiration has managed to show up now on official government databases, which usually take some time to update. And yep, any enterprising reporter can now confirm with a few keystrokes what we reported back in June. That on Saturday, June 20, former Ponzi schemer Reed Slatkin, born January 22, 1949, died at 8700 Beverly Boulevard, the address for Cedars-Sinai. He was aged 66. And his crimes were really fascinating. Even worth a news story, we’d wager.
    • Like Like x 2

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