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 | 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...
by Steven Weisman, Esq. | Feb 6, 2012 | Investment Scams, Scam of the day
Everyone would like to be able to invest in a stock while the price is still low, but can be expected to rise dramatically. This desire for the quick hit is used by scam artists in a scam called the “pump and dump.” In this scam, you may receive an email or a fax,...
by Steven Weisman, Esq. | Feb 6, 2012 | Identity Theft, Investment Scams, Scam of the day
The internet is a great place to search for a job and posting your resume online with one of the many online employment services can be a great way to contact many prospective employers. However it is also a very effective way to contact scammers. Scammers will pose...
by Steven Weisman, Esq. | Feb 6, 2012 | Homeowner Scams, Identity Theft, Investment Scams, Scam of the day
These scams lure victims by telling them that they will be paid to shop at various stores and then report on their shopping experience to market research firms that work for the retailers to help them evaluate and improve their customer relations. How the scam works...
