An Unbiased View of Michael Ruge

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Ruge began raising income for his Chivas Development Fund in 2001, promising buyers he would place The cash with hedge-fund traders who had been “at the very best in their career.”

He joined the Victoria Rotary Club and ingratiated himself with its users. The technique worked. One member, who is effectively into his 70s and life in an assisted-dwelling dwelling, invested $75,000 in Ruge’s fund.

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Element of Ruge’s revenue pitch was that buyers would get cost-free foodstuff and accommodation for the Castle di Tornano in the vicinity of Siena, Italy, exactly where he held courtroom, However they would need to hurry as the rooms have been going quick.

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The Chivas Web page known as Ruge an “accomplished entrepreneur and Specialist investor” and claimed his business pursuits had been “Virtually unerringly rewarding.”

Sorry to listen to that Michael has passed. Realized mike from back again when he was the grill chef down at uncle mike's cafe. He was preferred by Everyone that arrived in therefore you had to regulate him for that was a pranksters. I nevertheless have some very good burn up marks on my hand. Audios mike RIP.

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Legacy's Linnea Crowther discusses Michael Ruge how family members talk about triggers of Loss of life while in the obituaries they generate.

“I did it mainly because he’s a Rotarian, and Rotarians are genuine and easy persons,” the investor defined.

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Sorry to hear that Michael has handed. Understood mike from again when he was the grill chef down at uncle mike's restaurant. He was liked by Everyone that arrived in and also you had to keep watch over him for that was a pranksters. I nonetheless have some pretty good burn off marks on my hand. Audios mike RIP.

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