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Fool's Gold

By Lisa Singh November 16, 2000

SOMEWHERE IN THE STATE OF SONORA, MEXICO--As night falls, Gary Reeder rips through his motel room, hurriedly stuffing clothes into a small suitcase. After three days in this hellhole of a town somewhere in Mexico's Sonoran Desert, Reeder looks frantic. Crazed. Downright scared. "I'm leaving tonight," he says, spotting me... More >>>

9 Images

Here's Gary Reeder. He's a thoughtful kind of guy. He thinks a lot about God and money.

It's Friday night at the House of Reeder, Gary's church-like gathering in his apartment. These people, who are mostly Cornerstone investors, pray for Gary's pain. He was in a terrible car wreck in June and broke his neck. He suspects the government was trying to kill him.

There's lot of gold in them thar hills, or so Gary tells me. We're somewhere in the Sonoran Desert.

Gary finds a cow skeleton. Hey, it's symbolic--the dead cow represents the SEC, and Gary stands triumphant, holding a chunk of gold ore.

Kenneth, Gary's partner -- at the time, anyway -- supposedly has concessions to seven Mexican gold mines.

Here's one of the gold mines. These are the would-be investors. We're talking serious money here.

Why did they rent that stupid car anyway? It got stuck in the sand on our way to the mine.

Ouch! My neck hurts. But this gold will make it feel better.

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Peter Calvin

It's Friday night at the House of Reeder, Gary's church-like gathering in his apartment. These people, who are mostly Cornerstone investors, pray for Gary's pain. He was in a terrible car wreck in June and broke his neck. He suspects the government was trying to kill him.