by Steven Weisman, Esq. | Feb 24, 2012 | Scam of the day, Site Related
The Internet Crime Complaint Center is reporting a large number of recent complaints about scammers calling victims posing as representatives of the FBI, the “Federal Legislative Department, a law firm or some other official sounding entity and attempting to...
by Steven Weisman, Esq. | Feb 6, 2012 | Investment Scams, Scam of the day
The FBI is warning timeshare owners to be wary of two interrelated scams presently going on around the country. The scams initiate with a telephone call or email form the scammer to a timeshare owner in which the scammer represents that he or she is a timeshare...
by Steven Weisman, Esq. | Feb 6, 2012 | Scam of the day, Site Related
“You may fool all the people some of the time, you can even fool some of the people all of the time, but you cannot fool all of the people all of the time.” Abraham Lincoln “But you can come awfully close if people aren’t careful.” Steve Weisman “The sure way to be...
by Steven Weisman, Esq. | Feb 6, 2012 | Investment Scams, Scam of the day
This scam keeps reappearing. It involves the scammer telling the victim that they can get huge returns on their investments by being let in on the “secret” investment portfolios of the world’s largest and most elite banks. You may be told that these investments are...
by Steven Weisman, Esq. | Feb 6, 2012 | Investment Scams, Scam of the day
Churning is the name for the practice by unscrupulous stockbrokers who make excessive trades of stocks on behalf of their clients not to maximize the profit of their clients, but to maximize their own fees for making the trades since the stockbroker gets paid every...
