by Steven Weisman, Esq. | Feb 20, 2023 | Scam of the day
Convicted Ponzi schemer Bernie Madoff who stole 50 billion dollars from unsuspecting victims may be the last person from whom you would accept investing advice, but in fact, his advice, as contained in a 2014 jailhouse interview Madoff gave to the Wall Street Journal...
by Steven Weisman, Esq. | May 5, 2022 | Scam of the day
Pump and dump scams have been with us for hundreds of years, however recently they have evolved to keep pace with today’s world of finance. A Pump and dump scheme is most often done with low priced stocks referred to as “penny stocks.” The scammers...
by Steven Weisman, Esq. | Apr 20, 2022 | Scam of the day
Recently the Securities and Exchange Commission (SEC) sued Kay Yang of Wisconsin alleging she defrauded Hmong-American investors out of 16.5 million dollars. The Hmong are an ethnic group native to China and Southeast Asia. According to the SEC, Yang, an investment...
by Steven Weisman, Esq. | Mar 11, 2022 | Scam of the day
Convicted Ponzi schemer Bernie Madoff who stole 50 billion dollars from unsuspecting victims may be the last person from whom you would accept investing advice, but in fact, his advice, as contained in a 2014 jailhouse interview Madoff gave to the Wall Street Journal...
by Steven Weisman, Esq. | Mar 6, 2022 | Scam of the day
Many people are probably not familiar with forex trading. Forex trading is the name for the very speculative investing in trading foreign currencies. It definitely is not an investment for inexperienced investors and while it certainly is legal, there have been many...
