by Steven Weisman, Esq. | Sep 16, 2021 | Scam of the day
Recently, Michael Ackerman was convicted in federal court of operating a cryptocurrency scam in which he and two partners scammed investors out of 30 million dollars by falsely claiming that his cryptocurrency investment fund would produce monthly returns of more than...
by Steven Weisman, Esq. | Apr 8, 2021 | Scam of the day
Investment scammer Anthony Diaz was recently sentenced to 17.5 years in prison upon his conviction of eleven counts of fraud related to his scamming his clients out of millions of dollars. Diaz was a financial planner who convinced his clients to invest in high risk,...
by Steven Weisman, Esq. | Apr 20, 2020 | Scam of the day
In the Scam of the day for March 21st, 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...
by Steven Weisman, Esq. | Feb 10, 2020 | Scam of the day
Affinity fraud is the name for the type of fraud where people put undeserved trust in someone offering an investment opportunity because that person is “someone like me.” Affinity fraud works because people trust other people who may share a common bond,...
by Steven Weisman, Esq. | Sep 24, 2019 | Scam of the day
Affinity fraud is the name for the type of fraud where people put undeserved trust in someone offering an investment opportunity because that person is “someone like me.” Affinity fraud works because people trust other people who may share a common bond,...
