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...
by Steven Weisman, Esq. | Jul 22, 2025 | 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...
by Steven Weisman, Esq. | Jul 11, 2025 | Scam of the day
Whatever is popular with many people is going to be popular with scammers and so it should come as no surprise that scammers are using YouTube as a platform for perpetrating a wide variety of scams. More than 2.7 billion people use YouTube making it the third most...
