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Many investors have been bruised and battered during this recession.
But those who put their money in one Meridian company say it's not the economy to blame -- they say it's the deception of DBSI.
"We're still trying to figure out exactly what happened," said Marilyn Chastain with the Idaho Department of Finance said. "In many ways it was brilliant."
"There's a lot of people that would like to see some people go to jail," DBSI investor Bryce Johnson said. "It's probably destroyed as many lives as the Madoff scandal did.â€
The state of Idaho calls it a "sophisticated investor fraud" -- those who bought into the Meridian-based real estate company use much stronger language.
"It's a ponzi scheme," Johnson said.
Seattle Lawyers , San Francisco Lawyers
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S.E.C. Report Details Lapses i
