by Steven Weisman, Esq. | Apr 5, 2019 | Scam of the day
Yesterday, popular New York sports talk radio host Craig Carton, half of the popular WFAN morning talk show “Boomer and Carton” was sentenced to three and a half years in prison in regard to a scam in which he and two other men, Michael Wright and Joseph...
by Steven Weisman, Esq. | Mar 20, 2019 | Scam of the day
The Securities and Exchange Commission (SEC) has recently filed criminal charges against investment adviser William Neil “Doc” Gallagher who has been accused by the SEC of operating a multi-million dollar Ponzi scheme in which he victimized mostly elderly...
by Steven Weisman, Esq. | Mar 2, 2019 | Scam of the day
Had he not died in 1949, today would have been Charles Ponzi’s 137th 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 scam artists, the only criminals we refer to as...
by admin | Oct 7, 2018 | Scam of the day
Investment adviser Melvin Leonard Wimmer Jr. of South Carolina has been convicted of securities fraud resulting in three million dollars of losses to his clients many of whom were elderly. On behalf of his clients he invested primarily in high risk securities and...
by admin | Apr 27, 2018 | Scam of the day
Investment adviser, Amrit Chahal has hit the trifecta with fraud charges being brought against him by the SEC, the Commodity Futures Trading Commission and the U.S. Attorney’s Office for the Eastern District of Virginia. All of the charges relate to Chahal, an...
