“Psychic” fraud Ruth Marks of Florida and New York was found guilty by a jury on 14 counts of fraud for bilking clients out of some $25 million. Those clients included best-selling romance novelist Jude Deveraux and dozens of others. Despite the fact that most other members of her family already pleaded guilty, they’re furious over the guilty verdicts.
Seeing the 62-year-old matriarch convicted of 14 fraud-related charges and immediately slapped in handcuffs on Thursday was too much for family members who were part of and benefited from the multi-million-dollar fortune-telling business that collapsed under the weight of a federal investigation.
Some reached out, trying to touch her. One threw a Bible. One called out to the lead investigator, mocking him. When they realized their beloved mother, grandmother and sister was about to walk through an open door and be taken to jail, shouts rang out.
“Mom, I love you!” one called. “Don’t be afraid!” yelled another.
“I’m not afraid,” Marks responded, as U.S. Marshals surrounded her. “I love you, too.”
The emotional end to the monthlong trial was not as unexpected as the verdict. When the trial began, cynics scoffed at the notion that a psychic could be charged with separating a fool and his money.
But, prosecutors methodically built a case, showing how Marks, her daughters-in-law and even her granddaughter preyed on broken people who came to their storefronts in midtown Manhattan and Fort Lauderdale to deal with tragedies life had handed them. Instead of solace or guidance, they told clients the only way out was to give them money — lots of it — with the promise it would one day be returned. Instead, the psychics amassed a roughly $25 million fortune.
While recognizing the danger of this kind of prosecution, I’m still smiling about it. This woman is a fraud and a con artist. She got what she deserved.