NBC Miami tells the story of another alleged Ponzi schemer. Sean Healy is no Bernie Madoff but he may have walked off with $20 million from his clients most of which seems to have been spent on living an exceedingly lavish lifestyle. Healy and his wife, a former Hooters girl, lived in an extravagant $2.4 million mansion in Weston, Florida. A Ferrari, stretch limousine and several Lamborghinis (a pink-trimmed one for the wife) were parked in the garage and the pair also spent millions on jewelry and tricking out the home (once owned by former NFL quarterback Bernie Kosar, a man with his own financial woes) with a $500,000 home theater. According to a video shot by NBC Miami (embedded after the jump), Healy invested none of his clients money and spent it all on his belongings, inventing big returns out of pure thin air. He is currently under house arrest in New York.
If I had planned to take all the investors money and spend it - I would have taken the money and ran to a sunny isle where they don't have extradition to the USA.
Reader Comments (Page 1 of 1)
david wayne osedach Oct 22nd 2009 6:12PM
If I had planned to take all the investors money and spend it - I would have taken the money and ran to a sunny isle where they don't have extradition to the USA.