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Kiefer Sutherland

Actor is Victim in Ponzi Scheme

Unknown, California

Kiefer Sutherland has been kicked in the financial teeth to the tune of $869,000 in an alleged cattle-investment operation gone awry. Sutherland became involved with suspect Michael Wayne Carr, who allegedly promised to buy cattle in Mexico and resell them in the U.S. for a profit. Though the money was transferred, prosecutors said, there is no evidence any cattle buying or selling took place.

Carr, a cattle manager and competitive steer-roping promoter, is expected to be arraigned Feb. 8 on 12 felony charges, among them multiple counts of grand theft, forgery, embezzlement, obtaining money by false pretenses and falsifying corporate books.

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Actor is Victim in Ponzi Scheme Actor is Victim in Ponzi Scheme

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