Sunday, June 03, 2007

Sweet Sixteen and Never Been Scammed

Everyone loves a good, old-fashioned oil scam, particularly one that brought in $20M-$25M. What's a little securities fraud among friends, right? Usually the hustler would fake a gusher or two, take in a bunch of money, and then disappear completely.

Gary Milby seems to have followed the plan perfectly, right up to the point where he appeared on MTV. It seems that Gary is awfully fond of his ultra-spoiled daughter Ariel. This particular little mermaid recently appeared alongside her father on My Super Sweet 16. Ariel apparently shares her father's love of oil wells, exclaiming "I love oil! Oil means shoes and cars and purses!"
If the authorities ever catch up with Gary, oil (or more accurately the complete lack thereof) will probably mean fines, prosecution and jail time. His former investors are steaming mad after watching their former money pay for helicopter rides, a huge party and a brand new BMW for 16-year-old Ariel.

Normally I'd give the guy's daughter a pass on the wrongdoings of her father, but since she's a spoiled, demanding brat who has delusions of being a princess, I'm going to make an exception.

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