by admin | Nov 10, 2014 | Scam of the day, Site Related
The Securities Investor Protection Corp. is a nonprofit corporation formed by Congress to assist investors who have lost money through investment fraud in getting back money they have lost to swindlers and other investment criminals. They work with court appointed...
by admin | Nov 9, 2014 | Scam of the day, Site Related
Nineteen year old David Topping was arrested in North Carolina and charged with selling investors $130,000 of fraudulent investments. Topping contacted his twenty victims through cold calls and social media including Facebook and LinkedIn. He enticed his victims...
by admin | Sep 23, 2014 | Scam of the day, Site Related
An old scam with a new twist is appearing lately on social media such as Twitter, Facebook, Craigslist and Instagram where an advertisement promises you that through a simple money flipping scheme that takes advantage of quirks in the monetary system, your investment...
by Steven Weisman, Esq. | Aug 31, 2014 | Scam of the day, Site Related
It is interesting to note that when it comes to investment scams, sophisticated investors are often the victims. This was true in the Ponzi investment scam of Bernie Madoff and it was true of the investment scam of recently convicted David Rose. Rose specialized in...
by Steven Weisman, Esq. | May 16, 2014 | Scam of the day, Site Related
Richard Breeden, the special master administering the claims of the victims of convicted Ponzi schemer Bernie Madoff who stole 50 billion dollars from his victims has recently indicated that the number of claimants has risen to 51,700 seeking redress from the 4...
