The Definitive Guide to Michael Ruge Real Estate Developer
The Definitive Guide to Michael Ruge Real Estate Developer
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Section of Ruge’s revenue pitch was that buyers would get totally free foods and accommodation on the Castle di Tornano around Siena, Italy, exactly where he held court docket, However they would need to hurry since the rooms had been likely rapid.
He joined the Victoria Rotary Club and ingratiated himself with its customers. The approach labored. 1 member, that's effectively into his 70s and lives in an assisted-residing home, invested $75,000 in Ruge’s fund.
“The Ruges have already been requested to halt utilizing the Rotary identify in reference to their tours, and Rotary Intercontinental is using more actions to halt this unauthorized use.” IE
In fact, his prior securities experience consisted of advertising and marketing revenue-shedding providers around the Canadian Dealing Community and also the OTC Bulletin Board inside the U.S. Ruge’s small business card highlighted a picture of Chivas, his golden retriever, and folded out to expose images of Albert Einstein and Winston Churchill, along with inspirational sayings, for instance Gandhi’s, “Be the change you should see on the planet.”
Rotary International, located in Chicago, is not amused. “Elly and Michael Ruge are usually not approved to utilize the Rotary name or emblem in connection with their excursions,” it stated inside of a penned assertion.
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Mike owned and operated Dottie's Luncheonette on Broadway for many years, afterwards Functioning as a Cook dinner and at some point getting a self-employed handyman.
“I didn’t cheat any individual,” he mentioned in an interview, insisting he settled to stay away from the cost of a Listening to.
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It took MIchael Ruge commission investigators months to piece together what occurred, and it wasn't a reasonably photograph. Virtually Not one of the $1.
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