Before there was a Bernie Madoff, who conned hundreds of millions of dollars out of unsuspecting investors, there was Wilbur Foshay.
He was a dreamer and a doer who made a fortune in the utility industry while living in Minnesota. Unfortunately, his riches were the result of a pyramid scheme and when the scam collapsed, countless lives were ruined, and Foshay ended up in federal prison.
Wilbur Fosha began his path to redemption in Colorado, leaving a mark that is still visible on the mountain overlooking the town of Salida and is even part of the city marketing slogan.
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