Although Airman First Class Bruce Ott, 25, earned a military salary of just $817 a month, he sat down with an insurance agent in Yuba City, Calif., some three weeks ago to discuss how to invest a windfall of $200,000 that he expected to get. Ott, a clerk at Beale Air Force Base near Sacramento, and a newlywed, said he would soon be collecting $165,000 from the sale of a business, and spoke of $40,000 more that he might receive--for openers. Said the agent: "He implied he had a well that wasn't going to go dry." Less than a week later,...
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