by admin | Apr 13, 2018 | Scam of the day
In the nine and a half years since Ponzi scammer Bernie Madoff was exposed as having swindled unsuspecting investors out of approximately 17 billion dollars, Irving Picard, the court appointed trustee charged with recapturing funds from people who profited from...
by admin | Apr 2, 2018 | Scam of the day
Recently Louisiana financial planner, Gregory Alan Smith and Houston church pastor Kirbyion H. Caldwell were indicted on multiple accounts related to a purported investment scam in which the two are alleged to have worked together to convince unwary investors to pour...
by admin | Mar 16, 2018 | Scam of the day
Elizabeth Holmes was a definite whiz kid. She dropped out of Stanford University at the age of nineteen and founded Theranos, a company that was represented to the public as a company that would revolutionize blood analysis. Holmes told the public that the portable...
by admin | Nov 24, 2017 | Scam of the day, Site Related
Chicago investment adviser Daniel Glick has been charged in separate legal actions by both the Securities and Exchange Commission (SEC) and the U.S. Attorney’s Office of stealing more than five million dollars from his clients who even included members of his...
by admin | Mar 22, 2017 | Scam of the day, Site Related
Ponzi scheming investment advisor Patrick Churchville has been sentenced to seven years in prison for operating a Ponzi scheme that cheated more than a hundred of his clients out of 21 million dollars. Between 2008 and 2011 Churchville invested his clients’...
