Boss of the pernicious cult known as 'Scientology'
|Reed Elliot Slatkin (without wig, 2003)|
|Reed Elliot Slatkin (with wig, circa 1995)|
Unfortunately, exactly like Bernie Madoff, Slatkin was nothing more than an economic alchemist - a once-penniless nobody: turned self-proclaimed financial guru who, despite the huge amount of cash he handled for (ultimately) 800 listed ‘investors,’ was not even registered with the US Securities and Exchange Commission. Unlike Madoff, Slatkin completed many trades, but these were generally disastrous and his losses quickly grew to monumental proportions. At first glance, I assumed Slatkin to be a typical narcissistic charlatan who squandered his bedazzled victims' money on bedazzling toys, and who didn’t have the beginnings of a clue what he was doing. However, I then discovered that Slatkin did not really display the trappings of wealth whilst many of the failing ‘partner’ companies which he recklessly continued to pour his victims’ money into, were created and run by his fellow core-‘Scientologists’ (some of whom had previous convictions for fraud http://www.slatkinfraud.com/companies_2.shtml). This aspect of the Slatkin affair immediately put me in mind of Mel Brooks’ 1968 comedy film, ‘The Producers,’ in which the two central characters, ‘Max Bialystok’ and ‘Leo Bloom,’ stage a financially-suicidal 'Nazi'-themed Broadway musical (‘Springtime for Hitler’) in order to cheat their elderly (mostly Jewish widow) ‘investors.’
|Smiling Reed Slatkin, the perfect 'Scientology' family man (with wig, circa 1997)|
|L. Ron Hubbard playing the Lord of Saint Hill Manor|
|Reed Slatkin (with wig, but without smile).|
|Daniel W. Jacobs|
|Gerald E. Boltz (d. 2006)|
Perhaps the sadest irony in all of this occurred 3 years after Reed Slatkin had been imprisoned. The City of London Police (which now runs an 'Academy to provide a centre of excellence for training in the prevention, detection and investigation of fraud and economic crime'