Seattle Crook Behind $120m Ponzi Scheme Missing From Prison

By Levi Pulkkinen, SeattlePI, Seattle Post-Intelligencer
Thu, 12/07/2017 - 3:11pm

Frederick Darren Berg, the biggest fraud in Washington state history, disappeared Wednesday from a California federal prison, where he was serving an 18-year prison term imposed in 2012. Berg stole about $120 million from investors through a Ponzi scheme that enabled him to live a life of luxury.

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Topics: frederick darren berg washington california ponzi berg prison

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