Texas Millionaire and Magnetic Sponsoring President Mike Dillard is coming to New York City in the next several months to assist the not-for profit foundations that lost millions of dollars in the alleged Ponzi scheme by investment counselor Bernard Madoff.
Dillard is an internet marketing guru who teaches people how to develop leads and make money on the internet. He wants to donate his time and Internet expertise to those charities that were hurt in the Ponzi scheme. He believes the methods used by Barack Obama's presidential campaign to raise hundreds of millions of dollars in small donations from millions of people on the Internet can be used by charitable organizations.
"The old saying of 'if you give a man a fish you feed him for a day but if you teach a man to fish, you feed him for life' has never been more true in today's weak economy," said Dillard, who was a waiter in Austin, Texas just two years ago before making his fortune online. "The Internet is a powerful new way to fish, that charities should be aware of," he said.
Dillard said institutions like the Picower Foundation that lost a billion dollars with Madoff's company and the Betty and Norman Levy Foundation which also is in deep financial trouble due to the former Nasdaq Chairman, and North Shore University Hospital, which also lost money, can be made whole again.