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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By The Associated Press / The Bulletin
May 8, 2009
EUGENE — An Oregon man has admitted operating a Ponzi scheme that bilked more than $3 million from mostly elderly investors.
Dennis R. Thaut, 65, of Marcola, pleaded guilty to multiple counts of theft at a hearing in Lane County Circuit Court on Wednesday. Thaut, who ran First Security....