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$100 Trillion dollar man dragged into court in Portland

Wikipedia graphic

Wikipedia graphic

A Hillsboro man claiming to be able to eradicate an affliction he calls “financial illiteracy” among the public, stood before a federal judge this week and was ordered to shut down his financial consulting business or be jailed on a contempt of court order.

Winston Shrout has a website whose greeting to the public is a well crafted introduction to what he characterizes as providing “inside information” on how to effectively navigate what he calls a completely transformed national and international financial landscape. And he claims to have $100 Trillion dollars in asset investments.

The judge was not impressed and warned him that if he resorted to alternative arguments other than what is adopted law pertaining to American trial procedures, he’d be dismissed and dealt with appropriately based on the evidence that he is alleged to be conducting massive fraud against his “clients.”

Here’s more from The Oregonian. Click here.

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