Mark Sanford and Paul Erickson did/do business

Investor/client Mark Sanford
Amount 25,000 USD
Goods In the affidavit, Agent Miller wrote, “I believe this was a ‘lulling payment.’ That is, Erickson provided Gillian with a small sum of money in order to provide the illusion that Gillian's $100,000 investment was secure. In reality, the bank records indicated that Gillian's $100,000 was not invested in real estate or anything else. In fact, that money was used to pay routine expenses and to pay off a previous investor, Congressman Marshall Sanford.” Sanford is a former U.S. representative and governor from South Carolina who infamously claimed in 2009 that he was hiking the Appalachian Trail while he was actually having an extramarital affair in Argentina. Sanford invested $25,000 with Erickson, according to information in the affidavit and additional information in an indictment against Erickson that lists an investment from someone with the initials “M.S.”
Updated about 3 years ago