by Steven Weisman, Esq. | Jul 14, 2023 | Scam of the day
Convicted Ponzi schemer Bernie Madoff who stole 50 billion dollars from unsuspecting victims may be the last person from whom you would accept investing advice, but in fact, his advice, as contained in a 2014 jailhouse interview Madoff gave to the Wall Street Journal...
by admin | Oct 7, 2018 | Scam of the day
Investment adviser Melvin Leonard Wimmer Jr. of South Carolina has been convicted of securities fraud resulting in three million dollars of losses to his clients many of whom were elderly. On behalf of his clients he invested primarily in high risk securities and...
by admin | Sep 1, 2017 | Scam of the day, Site Related
Financial exploitation of the elderly is a significant problem in the United States today. Recognizing this problem in 2016, the North American Securities Administrators Association (NASAA) passed a model act entitled “An Act to Protect Vulnerable Adults From...
