Though Ruge signed a settlement agreement admitting that he had defrauded buyers, he seems everything but contrite.

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Ruge began elevating cash for his Chivas Progress Fund in 2001, promising traders he would position The cash with hedge-fund traders who ended up “at the highest in their career.”

He joined the Victoria Rotary Club and ingratiated himself with its associates. The approach worked. 1 member, that is nicely into his 70s and life in an assisted-living property, invested $seventy five,000 in Ruge’s fund.

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Component of Ruge’s gross sales pitch was that traders would get absolutely free food stuff and accommodation for the Castle di Tornano in the vicinity of Siena, Italy, wherever he held courtroom, but they would need to hurry since the rooms had been going speedy.

My condolences for the Ruge family,my Mother and his Aunt had been finest good friends at just one time.I grew up with him and his siblings, what a great person he was. I´m sorry that I couldn´t say Michael Ruge goodbye. Rest uncomplicated my Pal. Trish

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Sorry to listen to that Michael has passed. Understood mike from again when he was the grill chef down at uncle mike's restaurant. He was favored by everybody that came in and also you had to keep watch over him for that was a pranksters. I nonetheless have some pretty good burn off marks on my hand. Audios mike RIP.

“The Ruges are actually requested to halt using the Rotary name in connection with their tours, and Rotary International is taking further actions to halt this unauthorized use.” IE

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My condolences for the Ruge family members,my Mom and his Aunt had been best good friends at a single time.I grew up with him and his siblings, what a terrific dude he was. I´m sorry which i couldn´t say goodbye. Rest quick my Pal. Trish

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Renewable Electrical power provides the prospective to offer electric power to distant and underserved communities. Off-grid renewable Electricity methods, such as photo voltaic dwelling systems and small wind turbines, can bring power to areas exactly where traditional grid infrastructure isn't possible.