by admin | Oct 29, 2015 | Scam of the day, Site Related
When Bernie Madoff’s Ponzi scheme unraveled in December of 2008 it was estimated that his investors which included charities as well as individual investors lost about 20 billion dollars. Irving Picard, the trustee appointed by the Bankruptcy Court to try to...
by admin | Jun 29, 2015 | Scam of the day, Site Related
Irving Picard, the trustee appointed by the Securities Investor Protection Corporation (SIPC) to protect the interests of the victims of the Bernie Madoff Ponzi scheme has announced a settlement with Plaza Investments International by which Plaza will pay 140 million...
by admin | Mar 3, 2015 | Scam of the day, Site Related
Had he not died in 1949, today would have been Charles Ponzi’s 133rd 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 | Feb 25, 2015 | Scam of the day, Site Related
Recently the IRS issued its annual list of “Dirty Dozen” tax scams although many of these scams are not scams that cheat taxpayers, but rather scams the scammers attempt to perpetrate on the IRS in order to get large fraudulent refunds. These frauds...
by admin | Dec 10, 2014 | Scam of the day, Site Related
The SEC has brought fraud charges against Levi Lindemann, an investment adviser, accusing him of stealing almost a million dollars from elderly investment clients. According to the SEC, between the years of 2009 and 2013, Lindemann collected money from investors only...
