Actor Kiefer Sutherland has lost $869,000 to a con-man who roped him into a bum cow investing scheme. Shyster Michael Wayne Carr had a plan to buy cows in Mexico and sell them in the US for a profit, but allegedly never bought the cows and sold cows that weren’t his.
Perhaps karmic comeuppance for his baby cow bestiality crimes in 1994′s The Cowboy Way?
The deal is said to have been handled by Sutherland’s financial advisers, who were duped by forged documents, and the actor had no knowledge of it.
And that’s why you need to understand your investments and be involved in decisions about them, otherwise, one way or another, you’re apt to get fleeced. Even if you’re Jack Bauer.
Kiefer Sutherland Loses $869K in Cow Scam [newser] (Thanks to GitEmSteveDave!)