<== Site Review (2009-05-17) ==>
The FreeCapitalist Project is the project of a Provo group led by a self described Mormon-Capitalist-Dad named Rick Koerber.
Apparently, Mr. Koerber had some sort of business where he encouraged people to take highly leveraged positions on the equity in their homes. The strategy with a leveraged position made instant riches but collapsed with the economic downturn.
Some claim Koerber was engaged in Ponzi scheme style fraud. The blog Franklin Squires Blog follows news developments.
The site Franklin Squires is currently selling investments in gold and silver.
The group publishes comments on the news with the site Free Capitalist Daily.