While Ruge signed a settlement agreement admitting that he experienced defrauded traders, he seems anything but contrite.
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He joined the Victoria Rotary Club and ingratiated himself with its customers. The method worked. A person member, that is properly into his 70s and lives in an assisted-dwelling property, invested $seventy five,000 in Ruge’s fund.
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Rotary Intercontinental, situated in Chicago, is not amused. “Elly and Michael Ruge aren't approved to use the Rotary name or emblem in reference to their excursions,” it Michael Ruge explained in the composed statement.
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The Chivas Web site termed Ruge an “attained entrepreneur and Qualified investor” and claimed his company pursuits were “Practically unerringly rewarding.”
Sorry to hear that Michael has handed. Knew mike from again when he was the grill chef down at uncle mike's restaurant. He was liked by All people that arrived in and also you needed to keep an eye on him for that was a pranksters. I however have some very good melt away marks on my hand. Audios mike RIP.
“The Ruges are already asked to stop using the Rotary identify in connection with their tours, and Rotary Global is having supplemental techniques to stop this unauthorized use.” IE
It took commission investigators months to piece with each other what occurred, and it wasn't a fairly photo. Nearly none of the $one.
My condolences into the Ruge family,my Mother and his Aunt ended up best close friends at a single time.I grew up with him and his siblings, what a fantastic man he was. I´m sorry which i couldn´t say goodbye. Relaxation effortless my friend. Trish
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