Berg’s Former Home and Yacht
The Seattle Times published an extensive article Sunday 1/16/11 by Rami Grunbaum about Darren Berg (prior post). The article starts: “Financial scandals have trailed Frederick Darren Berg across the Northwest for more than 25 years – each linked to his unusual lifelong fixation on tour buses.”
Berg is charged in the biggest Ponzi scheme ever prosecuted in Washington state. Through his company, Meridian Group, he is accused of defrauding hundreds, some of whom their life savings, of more than $280 million.
The article details Berg’s history of fraud going back to his 1980s fraternity days at the University of Oregon.