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Re: CAPT post# 13723

Tuesday, 12/18/2007 9:15:43 AM

Tuesday, December 18, 2007 9:15:43 AM

Post# of 41960
Could be worse...(from CNN Money)

John Griffin, CEO of a Livermore, Calif., startup, pockets about $750,000 of seed capital after lying to investors lured by the company's promise to develop a "dirt eater" to clean toxic soil. After reportedly spending the money on such necessities as a Ferrari, Super Bowl tickets, and steroids, Griffin is sentenced to 30 months in prison. The name of the startup: VaporTech.