The Minnesota “Profit” of God, Fraud Neulan Midkiff, climbed his pyramid scheme as high as he could sans the yodel from that Cliff Hanger dude on “The Price of Right”.
Last Thursday, he was unceremoniously toppled over the edge – again like Bob’s spelunker here – and flung into the federal big house for 15 LONG YEARS.
What’s even better, some other fool, Terrence Correll who was considered the architect of the sham that bilked 519 people of up to $390 million, received a 12-year term.
This was not just folk and the ubiquitous “Mom an’ Dem”. Midkiff, 66, convinced his family, friends and his entire church that his pyramid scam was from God and took almost every dime they had for his own diabolical undertaking.
Midkiff wept as he apologized for his part in the scheme, although he said that he did not realize at the time he was committing fraud… Midkiff was convicted in August of 21 counts of mail and wire fraud and tax evasion. His partner Jerry Watkins has pleaded guilty to fraud and testified against Midkiff.
Oddly, the aforementioned story from the Minnesota Star-Tribune is about the judge who was incensed and heartbroken about sentencing a near septuagenarian with more time in the pokey than those evil ingrates at Enron.
Regretfully, there’s not a lot of pity I have reserved for this tool. Nor many others. Enron scammed and maneuvered cash through inside trading, and for that, they should burn in prison. Midkiff STOLE cash, and for that, he should be their bunkmates. Who knows, maybe with all that time in jail, Midkiff can build himself a sarcophagus – fitting cloak for a man who should perish in a “pyramid,” huh?













