by Steven Weisman, Esq. | May 20, 2023 | Scam of the day
Two days ago, federal prosecutors unsealed charges against Bryan Lee in regard to an investment scam where Lee and the previously indicted Neil Chandran operated companies that purported to be developing metaverse technologies and cryptocurrencies. They promised...
by Steven Weisman, Esq. | Mar 14, 2023 | Scam of the day
The Federal Trade Commission (FTC) has recently settled its lawsuit against Raging Bull. Raging Bull tricked people into paying for their bogus investment strategies and recommendations and then locked their victims into costly subscription plans that were very...
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...
