by Steven Weisman, Esq. | Feb 10, 2020 | Scam of the day
Affinity fraud is the name for the type of fraud where people put undeserved trust in someone offering an investment opportunity because that person is “someone like me.” Affinity fraud works because people trust other people who may share a common bond,...
by Steven Weisman, Esq. | Dec 28, 2019 | Scam of the day
Recently the Securities and Exchange Commission (SEC) charged California investment adviser Keith Springer and his firm Springer Investment Management Inc with defrauding hundreds of his clients by failing to disclose compensation and benefits they received for...
by Steven Weisman, Esq. | Dec 22, 2019 | Scam of the day
Although cryptocurrencies, such as Bitcoin, may seem to be new. I have been writing in Scamicide.com about cryptocurrency scams for five years. Cryptocurrencies are legitimate, but scammers are increasingly taking advantage of the public’s fascination with...
by Steven Weisman, Esq. | Oct 26, 2019 | Scam of the day
Recently the Department of Justice obtained a grand jury indictment against Hal H. Brown Jr. on charges related to his alleged operation of a Ponzi scheme. Although, Charles Ponzi was not the first to use the technique of paying off early investors with the...
by Steven Weisman, Esq. | Oct 7, 2019 | Scam of the day
I first told you about the Wyze Money scam three years ago when, at the request of the Federal Trade Commission (FTC), a temporary restraining order was issued by a judge in the Federal District Court for Arizona temporarily shutting down the operation of a...
