Pyramid Schemed News Today

Dixons money was gone too. >> he gave it to someone who pyramid schemed it. >> it all kept dixon on the front pages of the local paper for months. a series of public humiliations ending with an exclamation point when he was embarrassingly picked news-maker of the year. >> it was clear rob -- he was a big deal because he had a lot of money. and then to lose it and be disgraced in a relatively small community -- >> theyre writing about him in the local paper. >> and i said hes taken a gigantic fal...

Department. >> thats when frank and paige and the whole town found out dixons money was gone, too. >> he gave it to someone who pyramid schemed it. >> the missing money, the repoed truck, the grand jury investigation, it all kept dixon on the front pages of the local paper for months. a series of public humiliations ending with an exclamation point when he was embarrassingly picked newsmaker of the year. >> it was clear rob, he was a big dealcause he had a lot of money. and then to lose it and b...

>> he gave it to someone who pyramid schemed it. >> reporter: the missing money, the repoed truck, the grand jury investigation, it all kept dixon on the front pages of the local paper for months. a series of public humiliations ending with an exclamation point when he was embarrassingly picked newsmaker of the year. >> it was clear rob, he was a big deal because he had a lot of money. and then to lose it and be disgraced in a relatively small community -- >> theyre writing about him in the loca...

Dixon got himself in charge of fire district investments, put public money in what he said was a sure thing. it wasnt. the money vanished. >> blew as i recall about $750,000 in bad investments for the fire district. >> reporter: peter hautzinger was, at that time, the mesa county d.a. >> i made the decision to take that case to the grand jury and ultimately the grand jury decided felonys stupid but not worthy of criminal charges. >> reporter: then one day a repo man showed up for that shiny new ...

The money vanished. >> blew as i recall about $750,000 in bad investments for the fire district. >> reporter: peter hautzinger was, at that time, the mesa county d.a. >> i made the decision to take that case to the grand jury and ultimately the grand jury decided felonys stupid but not worthy of criminal charges. >> reporter: then one day a repo man showed up for that shiny new fire truck dixon had donated. >> it turned out the fire truck was leased and they came and took it away from the fire d...