Two felons who cheated investors out of millions of dollars are on the loose in Northern Minnesota. In the wee hours of the night on April 1st Reggie Makepeace and Clyde Ironworks walked away from the Duluth holding tank were they were serving time as masterminds of a Ponzi scheme involving penny stocks that cost investors nationwide close to 600 million dollars. The manhunt now is enlisting locals who have taken leave of fishing to go after a handsome reward for the capture of Makepeace and Ironworks.
Last seen in Knife River the pair came upon this fisherman who described the bedraggled moneymen with “bloodshot eyes and sore asses.” Left behind was a worn out bicycle stolen from Duluth 17 miles south.
This fisherman spotted Makepeace and Ironworks at dawn as they rode two up on the old bike. After abandoning the bicycle the pair where last seen going into Russ Kendal’s smoked fish shop where they ate a hearty lunch and left with an elderly couple driving a Malibu with Ontario license plates. The entire Northland is excited with the prospect of catching these two and claiming the reward. “It’s like the fishing opener or first day of hunting” says the unidentified fisherman, “there’s hundreds of pickups out looking for that Malibu right now, whooha you can run but you can’t hide.”