Rim Semiconductor Company (fka RSMI)

[iOwnSomeNVEI]

]Nearly $14 million was used to finance Lawrence's grossly lavish lifestyle, which included spending $2.1 million purchasing at least 23 automobiles including exotic cars such as a Lamborghini and Vipers for himself. He also spent almost $500,000 on cars for his family and friends. Lawrence's other lavish spending included nearly $2 million on homes, $1 million on boats and $330,000 on an engagement ring for relief defendant Stacy Gray. Claflin spent more than $2 million of investor funds for his personal use.

Ouch!