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 12, 2021 | Scam of the day
A little over a month ago on March 3rd was Charles Ponzi’s 139th birthday. Scam artists around the world should probably honor the man who perfected the scheme that bears his name that has been used by many scammers to steal billions of dollars from unwitting...
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. | Nov 27, 2020 | Scam of the day
Longtime Scamicide readers will remember that I have written many times about a wide variety of investment scams. There are many different investment scams, but generally, people often become victims of investment scams when they invest in things that they...
by Steven Weisman, Esq. | Jun 10, 2019 | Scam of the day
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 2014 jailhouse interview Madoff gave to the Wall Street Journal...
