Author John Robbins Financially Wiped Out by Madoff Ponzi Scheme

Author John Robbins Financially Wiped Out by Madoff Ponzi Scheme

By Mike Adams, January 20, 2009 | Key concepts: John Robbins, Madoff and Financial loss

The $50 billion Ponzi scheme operated by Wall Street criminal Bernie Madoff has reportedly struck a victim in the vegetarian foods community: John Robbins, author of Diet For A New America and other popular food culture books has been reportedly wiped out.

A letter on VegSource.com (http://www.vegsource.com/articles2/...) asks readers to send money to Robbins and help him and his wife pay their mortgage, saying "To economize, the family has rented out every extra room in their house and every spare space on their property. Still, it is not clear if they will be able to pay their mortgage or keep the property they share with their son, his wife and their two grandsons. Both Michelle and Deo have taken on part time jobs, and Deo has also taken over the formerly paid for day care for their special needs grandchildren."

I'm not sure what to make of all this, actually. Robbins is a legend in the health food movement, and I tremendously admire and respect his work. He's a hugely inspiring, uplifting individual who should probably be put in charge of the USDA in my opinion.

I'm not sure that his investment loss rises to the level of a grassroots call for action, however. What's essentially happening here, folks, is that the vegetarian community is being asked by VegSource.com to raise bailout money to reimburse Robbins for personal investment losses.