Scientology groups to pay back $3.5 million; They agree to return 'profits' from a Ponzi scheme run by financial advisor Reed Slatkin. - 2006-11-08
The settlement, approved Tuesday by a federal bankruptcy judge, is part of final efforts to recover funds for the victims of [[[:Category:Reed Slatkin|Reed Slatkin]]], who is serving a 14-year sentence for fraud, conspiracy and money laundering. Authorities say Slatkin led a long-running Ponzi scheme in which money from some investors was used to pay off others.
Millions of dollars more in tainted funds were funneled through other investors to Scientology-affiliated groups, including Narconon International, the Church of Scientology Celebrity Centre International and the Church of Scientology Western United States, the filings said.