Former Theater Owner Tony Rand, Five Sons Guilty of $110 Million in Scams

by George Waldon  on Monday, Mar. 31, 2014 12:00 am  

A nearly seven-year stretch in prison apparently served only to inspire a vastly larger interstate scheme from Texas. This gambit involved Tony Rand, now 70, and his five sons swindling hundreds of oil and gas investors of more than $110 million. Some suspect their schemes at times resembled a plot line in a zany 1968 movie “The Producers.”

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