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Hundreds of South
Floridians avidly listened as a former insurance salesman spun
dreams of wealth and investments that could yield 100 percent
returns within months.
So persuasive were Melvin J. Ford and other promoters from The Forum
that thousands of people across the United States flooded this tiny
offshore banking center in the eastern Caribbean with their money
from 1995 through last year - and gave The Forum total control over
how to invest it. Some borrowed, took second mortgages, and cashed
in their retirement accounts. |