by Steven Weisman, Esq. | Apr 27, 2014 | Scam of the day, Site Related
Last Friday, Stephen Walsh, a former minority owner of the New York Islanders NHL team pleaded guilty to securities fraud and operating a Ponzi scheme, which he had done along with his already convicted partner, Paul Greenwood during the years between 1996 and 2010. ...
by Steven Weisman, Esq. | Mar 3, 2014 | Scam of the day, Site Related
Happy birthday to Charles Ponzi, the man credited with being the first to exploit the simple scam that has come to be known as a Ponzi scheme. Ponzi was born in 1882 which means had he not died in 1949, he would have been 132 years old today. To put this in...
by Steven Weisman, Esq. | Jan 18, 2014 | Scam of the day, Site Related
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 recent jailhouse interview Madoff gave to the Wall Street...
by Steven Weisman, Esq. | Dec 30, 2012 | Scam of the day, Site Related
Two weeks ago a former Los Angeles police officer was arrested on investment fraud in regard to a phony real estate investment scam. Among the victims were thirteen present Los Angeles police department employees including four detectives who should have known...
by Steven Weisman, Esq. | Nov 7, 2012 | Scam of the day, Site Related
Following in the wake of Hurricane Sandy and tonight’s projected Nor’Easter which is expected to hit many of the areas already devastated by Hurricane Sandy, there will be many scams as scam artists and identity thieves attempt to further victimize the...
