Mississippi Ponzi

The true story of how a Mississippi church deacon and Sunday school teacher squandered over seventeen million dollars by operating an illegal Ponzi scheme and living the good life. Church members, friends, and family lost most of their life savings, and the Ponzi scheme operator was not indicted for almost five years. The story describes the mental anguish of one of the elderly families. After working forty years and saving nickels and dimes, the family confesses their inner feelings of what is like to lose over one million dollars in their elder years and how only their faith held them together. Born and raised in Jackson, Mississippi Mike Yarbro worked in the construction equipment import-export business for most of his adult life and traveled throughout the world buying, selling, importing and exporting, heavy equipment and working with road building contractors on World Bank projects in developing countries and the U.S.A. After forming his company his travels took him to the far corners of the earth dozens of times where he worked with customers and contractors in bridge building, road construction, and large dirt moving projects. Visiting foreign countries and viewing various economic conditions and cultures made him appreciate and love the United States even more. He has been married to Marilyn Sue Childs Yarbro since 1968. Before and after college he was an avid horseman involved in rodeo, breeding, raising, training, and buying and selling quarter and thoroughbred horses and won horse races in seven states. At one time he owned the World Champion calf roping horse. He wrote and sold numerous songs and played violin for two years in the Jackson Junior Symphony Orchestra before playing guitar, piano, and mouth harp in the Tyrants rock and roll band during college.