Age, Biography and Wiki

Reed Slatkin (Reed Eliot Slatkin) was born on 22 January, 1949 in Detroit, Michigan, US, is an American investor (1949–2015). Discover Reed Slatkin's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 66 years old?

Popular As Reed Eliot Slatkin
Occupation Former investment manager
Age 66 years old
Zodiac Sign Aquarius
Born 22 January 1949
Birthday 22 January
Birthplace Detroit, Michigan, US
Date of death 23 June, 2015
Died Place Los Angeles, California, US
Nationality United States

We recommend you to check the complete list of Famous People born on 22 January. He is a member of famous Former with the age 66 years old group.

Reed Slatkin Height, Weight & Measurements

At 66 years old, Reed Slatkin height not available right now. We will update Reed Slatkin's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Reed Slatkin Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Reed Slatkin worth at the age of 66 years old? Reed Slatkin’s income source is mostly from being a successful Former. He is from United States. We have estimated Reed Slatkin's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Former

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Timeline

1949

Reed Eliot Slatkin (January 22, 1949 – June 23, 2015) was an initial investor and co-founder of EarthLink and the perpetrator of one of the largest Ponzi schemes in the United States since that conducted by Charles Ponzi himself.

1975

Slatkin had been an ordained Scientology minister since 1975.

1984

Around 1984, he changed from being a full-time minister to becoming a self-employed investor, and many of his investment clients and victims were also Scientologists.

1986

From 1986 to 2001, Slatkin raised approximately $593 million from about 800 wealthy investors.

Using the funds from later investors, he paid one group of early investors $279M on their original $128M investment, citing investment success without actually making most of the claimed investments.

He also distributed millions in fees to associates as "consultants".

2001

An investigation by the U.S. Securities and Exchange Commission (SEC) shut down the scheme in 2001.

In May 2001, the SEC shut down Slatkin's scheme by filing an enforcement action and obtaining a temporary restraining order freezing his remaining assets.

On the same day as the SEC action, the Federal Bureau of Investigation executed search warrants relating to Slatkin.

The SEC brought the civil case in SEC v. Slatkin, Civil Action No. 01-04823 (C.D. Cal.).

The Central District of California brought the criminal case in U.S. v. Reed E. Slatkin, CR 02-313 (C.D. Cal.).

He funneled millions of dollars to the Church of Scientology and related entities, and many of his victims were Scientologists.

Victims of his scheme include actors Joe Pantoliano, Anne Archer, Giovanni Ribisi, producers Art Linson and Armyan Bernstein, film composer Mark Isham, and commentator Greta Van Susteren.

2003

Slatkin pleaded guilty to mail fraud, wire fraud, money laundering, and obstruction of justice and on September 2, 2003, he was sentenced to 14 years in federal prison.

His Federal Bureau of Prisons registration number was 24057-112 and he was initially incarcerated at the low-security Taft Community Correctional Institution in Taft, California.

2008

In February 2008, the television show American Greed featured the Slatkin case, titled "Stealing $$$ from Scientologists".

2010

By 2010, he had been transferred to the low-security Lompoc Federal Correctional Institution in Lompoc, California.

Many of his victims were also Scientologists.

In his fraud case, his lawyers blamed his behavior on Scientology; but Scientology's lawyers from Latham & Watkins characterized Slatkin's explanations as "shameful" and having "sold the psychiatrists a bill of goods".

2013

In July 2013, he was released from a halfway house in Long Beach, California.

2015

On June 23, 2015, journalist Tony Ortega reported on his website that Slatkin had died from a heart attack.

Ortega said that he had confirmation of Slatkin's death from Slatkin's ex-wife.