by Steven Weisman, Esq. | Mar 8, 2023 | Scam of the day
Every year the Federal Trade Commission (FTC) releases its list of the biggest scams of the year. 2022 was a banner year for scammers with victims reporting losing 8.8 billion dollars to scams which is a whopping 2.6 billion dollars more than in 2021 and the true...
by Steven Weisman, Esq. | Feb 7, 2023 | Scam of the day
The Federal Trade Commission recently settled its lawsuit against investment advice company WealthPress and its owners, Roger Scott and Conor Lynch for using deceptive and misleading claims to induce consumers to purchase their bogus investment advising services. ...
by Steven Weisman, Esq. | Dec 31, 2022 | Scam of the day
I have been warning you about romance scams for many years and just a year ago I first warned you about the pig butchering scam. This scam originated in China in 2019 and is called sha zhu pan or pig butchering in English. The name is derived from the practice of...
by Steven Weisman, Esq. | Oct 4, 2022 | Scam of the day
Earlier this week, Kim Kardashian settled charges brought against her by the Securities and Exchange Commission (SEC) agreeing to pay a 1.26 million dollar fine for illegally touting a cryptocurrency called EMAX on her Instagram account which has 328 million followers...
by Steven Weisman, Esq. | Aug 9, 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...
