John Wayne lost his fortune twice, both times in a way you could lose, too | Watchdog
John Wayne was a great Hollywood cowboy, but when it came to his money, he couldn't shoot straight.If all-powerful movie star John Wayne can lose his life savings not once but twice to people he trusted, what chance do you have?
Bo once said, “I’ve been called a gambler. … I’m only good for the client who wants action for his money.” The losses didn’t stop. Bo invested $700,000 in Panama. Wayne lost it plus a million more in that scheme. Wayne wasn’t the only one. Like Wayne, Red Skelton didn’t check his financial statements, schedule in person meetings and personally inspect investments. That was their undoing.
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