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Eighty year old Los Angeles Man Pleads Guilty to Fraud Charge for $8.3 Million Scam Dealing with ‘Ancient Slag’

Posted by Fay Arfa | Dec 16, 2021 | 0 Comments

          Michael Godfree, 80, pleaded guilty to defrauding more than 100 investors out of $8.3 million through a scheme that sold “ancient slag.” For those who don't know, “ancient slag is a mining waste byproduct that supposedly contained precious metals.          From 2011 to November 2017, Go...

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