Kiefer Sutherland victim of huge bum stear investment scam

(HMG) – Actor Kiefer Sutherland was among a group who allegedly fell victim to a con man’s cattle scam. Through his financial advisers, Sutherland became involved with suspect Michael Wayne Carr, who allegedly promised to buy cattle in Mexico and resell them in the U.S. for a profit. To set Kiefer up for the big pay day the con man asked for $550,000 for a cattle deal in 2006 in which Carr claimed he would buy cattle in Mexico and sell them in the U.S. for a profit.

Kiefer told investigators (via TMZ) that within 30 days of the initial investment, Carr wired him $685,000 — a $130,000 profit, according to the documents.

Just a few months later, Kiefer claims Carr approached his financial advisers with a similar deal — one that required an $869,000 investment. Kiefer’s financial team apparently approved the deal and that’s the last he saw of his money.

Prosecutors say there’s no record Carr, a cattle manager and competitive steer-roping promoter, bought the steers and he is charged with 12 felonies, including grand theft, forgery and embezzlement. Investigators claim Carr said that he used the money to pay off a huge bank debt. He was scheduled to be arraigned Monday, but a judge postponed it to Feb. 8 after his attorney was removed.