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Beatings by walker? Retirees get revenge

Posted Jun 24 2009, 01:26 PM by Kim Peterson
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Image credit:  © BrokenSphere / Wikimedia CommonsRetirees in Germany were so upset with their financial adviser that they ambushed him outside his home and beat him with their walkers, the adviser claims. Then they taped his mouth closed and hauled him into a car.

"It took them quite a while because they ran out of breath," the financial adviser, James Amburn, told the U.K.'s Daily Mail. The kidnappers ranged in age from 60 to 74.

Amburn said they eventually got him to a house, where they chained and tortured him for four days. Two retired doctors also reportedly participated. 

Amburn said the group chained him, burned him with cigarettes, broke two of his ribs and talked repeatedly about their money. Apparently, they had invested in properties in Florida and lost it all.

"I told them what I had told them before, that due to market conditions, unfortunately it was gone," he told the Daily Mail.

This story -- as Amburn tells it -- just gets crazier. He convinced the group to let him send a fax to a Swiss bank asking for a money transfer, but he wrote a secret message on the fax asking for police help. Then he escaped, only to be chased down the street in a car by his elderly captors. They grabbed him and dragged him back to the house.

Finally, 40 German special commandos stormed the house. They brought a doctor to help the captors into police vans because of their infirmities, the Daily Mail reports.

Image credit: © BrokenSphere / Wikimedia Commons

 

Comments

 

Main problem in this story is, it wasnt GERMAN retirees, as

- an advisor in Germany would never have such an English name

- you dont find Germans, in such amounts at one place, who rely

 on private financing for thir living

Regardless of the crime, and the reason, when people start taking the law into their own hands its time we start looking at society as a whole.  At 60 or 70 years of age if you haven't learned to protect your investments then you shouldn't invest.  If you do invest, then you need to realize that along with the possible gains, there are possible loses.  Do you go out and punish each person who makes a mistake?  Amburn made a mistake, but so did the four people who took it upon themselves to correct Amburns short comings.  Who is right in this situation?  I say no-one.....

This is horrible. Its sad that every time an investment goes bad the financial advisor/analyst is the one who is forced to take the blame. With the economy in the condition it is financial advisors are trying their best to give their customer what they want, the safest possible investment, but just because a person wants it doesnt mean it will always work. Investing isnt a sure thing and most advisors will tell potential customers that. Old doesnt excuse what they did, if they were really that concerned about their money maybe they should have kept it under their mattress.

Does anyone want to question how a bunch of 70 and 80 year olds were able to do this to a much younger man?

LMAO I LOVE IT. THE SENIOR'S NEED TO STAND UP AND BE RECONIZED BY THE WORLD AND NOT TO BE TAKEN LIGHTLY. MORE SENIOR'S NEED TO DO IT AND THE YOUNG AND GOVERNMENT NEED'S TO PAY ATTENTION TO THEIR EXPERIANCE. I'M PROUD OF THEM.

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