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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

F18.png Scientology groups to pay back $3.5 million; They agree to return 'profits' from a Ponzi scheme run by financial advisor Reed Slatkin. November 8, 2006, E. Scott Reckard, Los Angeles Times

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.

Wikipedia cite:
{{cite news | first = E. Scott | last = Reckard | title = Scientology groups to pay back $3.5 million; They agree to return 'profits' from a Ponzi scheme run by financial advisor Reed Slatkin. | url = http://pqasb.pqarchiver.com/latimes/access/1158248221.html?dids=1158248221:1158248221&FMT=ABS&FMTS=ABS:FT | work = Los Angeles Times | date = November 8, 2006 | accessdate = January 14, 2017 }}