Things are tough all over for ex-developer Geoff Ruttenberg; first, his West Loop condo development, CA23, went into foreclosure, and now a 'longtime acquaintance' has taken advantage of his gullibility and swindled him out of thousands of dollars! Ruttenberg's pal apparently told him that he landed a deal to manage the estate of a Middle Eastern sheikh, and subsequently went on a spending spree on Goeff's dime. Don't laugh — this kind of thing could happen to anyone. [Crain's]
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