Marketsurfer - The powerball story is a load of horsecrap someone made up. There is no "Gatlinburg Chronicle" and Save a Lot did not exist in Gatlinburg in 2001, rather it was a Battles Grocery Store. Then we have to use the common sense of, if he had $70 million, why would he need to scam people out of $20 million? Making any sense? Take it from someone who used to be his next door neighbor, he didn't win the powerball.
I don't know jack about Bolze. From the sounds of it, he may be another typical trader who has success. Being somewhat successful on his own. He gets solicited. He then takes money and does ok. Then blows up and cannot face the music ---so he covers it up and that is when the ponzi starts. Or he may just be a baby madoff. Only time will tell. And this one is for SushiRoll----Traders do make money. It is just like any other business. http://www.farmforum.net/apps/pbcs.dll/article?AID=/20081212/FARMFORUM/812120304 keeping it is the difficult part
Answer to the person who said it is impossible to make the big money on your own. This guy from Japan turned 13k into 270m in nine years trading online from his home. Didnt build an home on the side of a hill but did buy a 90m building. http://www.youtube.com/watch?v=2LEmIOR521o All video's are in Japanese
Blogged down...Mountain Press Newspaper Feb 16,2009 The Internet is really something, isn't it? With billions of Web sites, blogs and message boards, you can Google almost anybody and find out something about them. And occasionally you come across a real nugget. Some diligent work by our reporter, Derek Hodges and a bit of luck too revealed a Dennis Bolze blog the disgraced investor maintained at least until he fled shamelessly with other people's money. On the blog Bolze comes across as an egomaniac who craved attention when he made donations, and a troubled man who began to fall apart emotionally as his scandal and the depth of his greed and thievery grew. At one point Bolze, the former Gatlinburg millionaire, was chest-thumping about how he demanded receipts for a donation to Make-A-Wish Foundation so he'd be sure to get credit for it. On Oct. 19, when he but not the people who gave him money, knew the Ponzi scheme was crashing down, he wrote, "I have been feeling a little down in the dumps. No real reason, I think, just life." And maybe, Dennis, other people's lives who were going to be affected by your dishonest activities. And just to show that faith and spiritual guidance are empty words when not backed up by deeds, Bolze often wrote about how he sought to be sure his life followed "the will of God." Wonder what the Almighty is thinking these days about Dennis Bolze? Maybe the same thing most everybody who knew him and trusted him is thinking. Later this month an auction is scheduled on the courthouse steps to sell his multimillion dollar mansion overlooking Gatlinburg. Regions Bank hopes to recoup some of its losses with the sale. Somebody stands to get a really good buy if they can afford to pay for it. It will mark yet another piece of the Bolze empire crumbling and disappearing much as he has, as a matter of fact. Bolze remains on the lam, possibly in Florida, but nobody except him, the God he professed to follow and maybe a friend or two knows. The shattered and broken lives he left behind seem of little interest to a man who presented himself as something he clearly was not. One of the things that makes Sevier County such a great place to live is that so many people with wealth and resources share that to help others. But you need to beware of those who look for attention and limelight in doing so, or like to show off and flaunt their bounty. They are the ones to watch out for, to question. Good people who are successful help others because it's the right thing to do, not because of what it does to their egos and public perception. We had a rat among us and we didn't know it for sure until it was too late to do much about it. Justice for Dennis Bolze will come at some point. Let's hope it's soon.
Who in the hell would want to buy that declasse, garish, grandiose taste-free monstrosity? Seriously, that hulk of a house is frighteningly ghastly. Too bad it now scars the local landscape that would otherwise be beautiful. Is that what has become of the retiree's accounts whom trusted him with their life savings? Best of luck to the banks who own all of those mortgages.
No updates on Bolze's wherabouts. Nada. Zipkus. Though later this month they will be auctioning off his monstrosity and another home he owns on the court house steps because they declared him bankrupt. http://www.wate.com/global/story.asp?s=9841291