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. | Mar 3, 2014 | Scam of the day, Site Related
Happy birthday to Charles Ponzi, the man credited with being the first to exploit the simple scam that has come to be known as a Ponzi scheme. Ponzi was born in 1882 which means had he not died in 1949, he would have been 132 years old today. To put this in...
by Steven Weisman, Esq. | Jan 16, 2012 | Investment Scams, Scam of the day
It worked for Charles Ponzi, it worked many years later for Bernie Madoff and it still works today. This scam is as profitable as it is simple. It is a classic pyramid scheme whereby you are promised returns that may appear too good to be true (and indeed that is...
