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Danny Pang: Accused Ponzi Scheme Guy Dead at Age 42

By John | Monday, September 14, 2009 | 1 Comment


Over the weekend Danny Pang, Asian America’s own Bernie Madoff,  died unexpectedly in his home in Newport Beach, California. His autopsy did not immediately find a cause of death, but the coroner’s office said it would take two to three months before toxicology tests could be completed.

When I first read about Pang’s death, I assumed he had committed suicide. Maybe when the toxicology tests are completed, we’ll find out if he took an overdose of something. Pang was certainly no saint, but certainly if he were found guilty of his Ponzi scheme, I would have wanted him to serve time in prison rather than taking the “easy” way out of committing suicide. And if it weren’t a suicide, I guess the stress of being prosecuted was just too much on him.

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1 Comment to “Danny Pang: Accused Ponzi Scheme Guy Dead at Age 42”

  • Dan W wrote:

    hmm….I don't know, this guy probably had a lot of enemies, based on the other things he did in the past. Either way, death is final so he can't do anything else; doing harm or amending for them, etc.

    Posted on 14-Sep-09 at 10:50 pm | Permalink

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