Universities fall victim as more funds frozen over alleged fraud - Josh Smith, Wallet Pop

Seems you can't throw a stick these days without hitting a a couple of smart-talking money guys exposed as big-time swindlers. Even "low risk" investments haven't been safe from these charlatains. Bowling Green University is the latest victim, having invested in a safe, low-risk vehicle with Westridge Capital management, run by two guys who,it's now been discovered used the funds for their own high-rolling lifestyles.