by Steven Weisman, Esq. | Jul 17, 2026 | Scam of the day
It is bad enough to be scammed, but to have to pay income taxes on money you have been scammed out of certainly adds insult to injury. Prior to 2017 if a scammer convinced you to take money out of your retirement accounts and send the funds to the scammer, you could...
by Steven Weisman, Esq. | Jun 27, 2026 | Scam of the day
According to the Federal Trade Commission (FTC) more scams in the United States are started on social media than on any other platform at a cost of 2 billion dollars in 2025 and that figure is undoubtedly low because many victims, often out of embarrassment, do not...
by Steven Weisman, Esq. | Apr 9, 2026 | Scam of the day
Investment scams have always been with us, but according to the Federal Trade Commission, they accounted for $8,648,617,756 of losses last year which was double the amount of the previous year and almost triple the amount of the next highest category of scams Many...
by Steven Weisman, Esq. | Aug 26, 2025 | Scam of the day
According to the Federal Trade Commission (FTC) more scams in the United States are started on social media than on any other platform at a cost of 1.9 billion dollars in 2024 and that figure is probably low because many victims, often out of embarrassment, do not...
by Steven Weisman, Esq. | Aug 20, 2025 | 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...
