The MSU Teton County Extension
Office will be showing the video, Gold
Diggers: Investment Fraud in the Treasure State on Thursday, May 22 at 9:30
a.m. at the Choteau Baptist Church. The
showing of the video on investment fraud is free to the public. While no registration is required, a courtesy
call is appreciated to plan seating. The
documentary, Gold Diggers: Investment
Fraud in the Treasure State, produced by the Montana Commissioner of
Securities, tells the story of two of Montana's most infamous investment scams.
"More
than two hundred years ago, prospectors flocked to what we now call the
Treasure State in search of fortunes," said Lindeen.
"Though Montana's prospector
days are long behind us, we have a new brand of gold diggers who would rather
prey on our trust than dig for gold.
Modern day gold diggers are scammers and con-artists who can steal a
life savings in the blink of an eye."
Narrated by award-winning actor
Bill Pullman, Gold Diggers tracks two
recent cases of investment fraud in Montana: the Arthur Heffelfinger case in
Helena and the Anne Marie Schlenker case in Bozeman. In total, the two scams robbed dozens of
Montana investors of more than $3 million, leaving victims in financial ruin. The film features interviews with victims,
securities experts, and the regulators and attorneys who investigated and
prosecuted the two scams.
"Education
is the silver bullet when it comes to fighting fraud," said Lindeen. "The
more Montanans know about their rights and where they can turn for help, the better
they can protect themselves from modern day gold diggers."
Lindeen's office produced Gold Diggers with a grant from the
Investor Protection Trust, a nationally-recognized, independent organization
that helps consumers make informed investment decisions. All funding for the Trust comes from
voluntary and court-ordered contributions from criminals who commit investment
fraud.
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