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Thread: Former OHL club owner ready to take his ‘lumps’ for Ponzi scheme
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[quote=MARRIE,463248]source. thestar.com For once, William Wise is doing the right thing. Admitting he fleeced millions of dollars from people who invested in his “rock ‘n’ roll” Caribbean bank, the former owner of an Ontario Hockey League team surrendered to U.S. authorities Monday night in San Francisco. The Cornwall, Ont., native is wanted on a 23-count indictment of conspiracy, mail and wire fraud, and money laundering in connection with an alleged $129.5 million Ponzi scheme in the U.S., where he lived for more than a decade. In an exclusive interview with the Star, Wise told his story, trying to explain how his life took so many wrong turns. “I always knew what was right to do, but I always chose the wrong thing, wrong path, because it was damn easy,” he says, invoking a variation on a quote from Al Pacino’s character in the 1992 movie Scent of a Woman. [/quote]
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