by Steven Weisman, Esq. | Sep 18, 2023 | Scam of the day
Investment scams have always been with us, but according to the Federal Trade Commission, they reached 3.8 billion dollars of losses last year which was double the amount of the previous year. Many of these investment scams are promoted on social media, emails and...
by Steven Weisman, Esq. | Jul 24, 2023 | Scam of the day
Popular fitness trackers such as Fitbit, Garmin, Oura and Apple watches provide an easy way to measure your sleep quality, heart rate and other biological metrics and can be quite helpful. However, as I often tell you, anything popular with the public is also popular...
by Steven Weisman, Esq. | Jun 16, 2023 | Scam of the day
WeChat and Weixin are Chinese instant messaging, social media, and mobile payment apps developed by Tencent. First released in 2011, they became the world’s largest standalone mobile apps in 2018 with over 1 billion monthly active users. The Federal Trade...
by Steven Weisman, Esq. | Apr 20, 2022 | Scam of the day
Recently the Securities and Exchange Commission (SEC) sued Kay Yang of Wisconsin alleging she defrauded Hmong-American investors out of 16.5 million dollars. The Hmong are an ethnic group native to China and Southeast Asia. According to the SEC, Yang, an investment...
by Steven Weisman, Esq. | Nov 4, 2021 | Scam of the day
In 2019, I told you about criminal charges filed against investment adviser William Neil “Doc” Gallagher who operated a multi-million dollar Ponzi scheme in which he victimized mostly elderly clients since 2014. Gallagher solicited his clients through...
