Celebrity Investments Gone Bad: The 5 Biggest Losers

Our Space Kiefer Sutherland3. Kiefer Sutherland: The former Jack Bauer surely cannot blame Chloe on the cattle investment he made in 2007. Sutherland heard of an opportunity that a man, Michael Wayne Carr, was purchasing cattle from Mexico and reselling for profit in the U.S.

Assessing the Damage: $869,000 — Kiefer put an initial investment of $500k into the operation and actually received a “huge profit”. Apparently thinking he struck gold, Sutherland increased his next investment to $869k. Kiefer never saw another cent. Carr was convicted of multiple felonies in his coordination of the Ponzi scheme. I’m sure Kiefer would gladly roll time back 24 hours before making that decision.

Cover Photo Source: Joella Marano via Wikimedia Commons
Photo Source 1: Paco Lalas via Wikimedia Commons

Continue Reading –>