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Examples
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Benjamin J. Seigler admits he scammed 4,000 investors by saying he was putting their money into a program called “Global Pension Plan” or “Global Pension Investment Trust.”
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Seigler will be obligated to repay the rest when he gets out of prison.
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Seigler would use daily conference calls to reel in investors.
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Seigler hoarded the money in a local credit union.
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“God will give us all the blessings next month,” Anand recalled hearing Seigler say during one of the calls.
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The government says it will repay as many victims as possible with $1.2 million it seized from Seigler.
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Wendy Seigler , a 39-year-old neurologist from Atlanta, met Mr. Cain several times at those meetings.
Conservatives Cheer Cain in His Home State Timothy W. Martin 2011
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But now, "he's grown into a presidential candidate," said Dr. Seigler.
Conservatives Cheer Cain in His Home State Timothy W. Martin 2011
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Seigler pleaded guilty Thursday to four counts of mail fraud.
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Seigler called the earnings “blessings” and frequently invoked scripture in his sales pitches.
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