Co-Founder of EarthLink Is Accused of Investor Fraud - 2001-05-02

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F47.png Co-Founder of EarthLink Is Accused of Investor Fraud May 2, 2001, Myron Levin, Los Angeles Times

Investors are accusing Reed E. Slatkin, a co-founder of the giant Internet service provider EarthLink Inc., of operating a Ponzi scheme that may have resulted in the loss of least $35 million of their funds.

Slatkin - a Santa Barbara socialite and venture capitalist - also is under investigation by the Securities and Exchange Commission for his financial activities, which allegedly included a day-trading operation that promised annual returns of up to 60%.


{{cite news | first = Myron | last = Levin | author2 = Weston, Liz Pulliam | title = Co-Founder of EarthLink Is Accused of Investor Fraud | url = http://articles.latimes.com/2001/may/02/business/fi-58222 | work = Los Angeles Times | date = May 2, 2001 | accessdate = January 14, 2017 }}