Thursday, March 02, 2006

Renowned Doctor Duped Out of $3M in Internet 419 Scam

An AP newswire article, via Yahoo! News, reports that:

A renowned psychiatrist lost up to $3 million over 10 years to a Nigerian Internet scam, his son alleges in a lawsuit.

Dr. Louis A. Gottschalk, an 89-year-old neuroscientist who works at the University of California, Irvine medical plaza that bears his name, acknowledged losing $900,000 to "some bad investments," according to court papers.

Guy Gottschalk filed a lawsuit last month asking a judge to remove his father as administrator of the family's $8 million partnership. He alleges his father destroyed bank records to cover up his losses.

The younger Gottschalk claims in court papers he filed the suit to prevent his father from being further victimized.

More here.

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