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Question for you financial types

A older acquaintance of mine has a son, mid-thirties, who is an "entrepreneur" but when asked exactly what he does it's very vague. Something along the lines of "personal training". He lives very high on the hog, married with child in a very trendy, expensive part of town, very nice vehicles, travels, $4K cowboy boots, $5K bbq grill, etc., etc. A few years a very elderly woman he had befriended and was "training" died and left him a lot of money. He had basically been her caretaker because, according to my friend, her family didn't care about her except for the money. When she died the entrepreneur was escorted from the funeral by security. Supposedly this money he inherited is being used to purchase property to set up a non-profit ranch for needy or handicapped children to come and visit and learn about life on ranch, pet animals and stuff. This property purchase has been dragging out for years with no results and he has a briefcase he never leaves home without. It goes everywhere with him, even inside restaurants. What's in it?

My question: Did he swindle this old lady into changing her will and with his non-profit charity use that money to live on without ever establishing a charity? It's very suspicious to me. Oh, I might also add he is a very religious Baptist, doesn't drink or cuss. Very clean cut and straight. Friends and I have been talking about this for years now and we are curious as to his "entrepreneurship".

by Anonymousreply 910/24/2014

I guess you will be talking a while longer. The briefcase contains his collection of life-like Bea Arthur dildos.

by Anonymousreply 103/06/2013

At first I thought he was a drug dealer, but after reading a bit more I assume he's a con artist.

by Anonymousreply 203/06/2013

Con artist.

by Anonymousreply 303/06/2013

I figure he's a con artist but is what he doing legal in the long term? The money left to him was supposedly specifically left for this charity thing. Can he get tax breaks and live off a salary type thing?

by Anonymousreply 403/06/2013

The answer is in the briefcase.

by Anonymousreply 503/06/2013

Con artist

by Anonymousreply 603/06/2013

The gun is in the briefcase. And he's a con-artist. And he has no intention of directing any of that money to charity. And he'll likely get away with it all.

by Anonymousreply 703/06/2013

The most surprising part of this story for me is that there are cowboy boots that cost $4,000 and people willing to buy them.

by Anonymousreply 810/24/2014

Worse than a con artist. I'm guessing the briefcase contains sales materials so he can go into a pitch anytime, anywhere.

Charities are the most evil, and foundations. Never give to an organized one.

by Anonymousreply 910/24/2014
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