by Steven Weisman, Esq. | Feb 1, 2022 | Scam of the day
The Securities and Exchange Commission (SEC) recently charged Allen C. Giltman, a former registered investment professional with operating a fraudulent scheme to lure investors into purchasing non-existent certificates of deposit (CDs). The SEC alleges Giltman and...
by Steven Weisman, Esq. | Jan 16, 2022 | Scam of the day
I have been warning you about romance scams for many years. More recently I have been warning you for the last few years about the myriad of scams involving cryptocurrencies such as Bitcoin. In the last couple of years a new scam combining the romance scam and...
by Steven Weisman, Esq. | Nov 4, 2021 | Scam of the day
In 2019, I told you about criminal charges filed against investment adviser William Neil “Doc” Gallagher who operated a multi-million dollar Ponzi scheme in which he victimized mostly elderly clients since 2014. Gallagher solicited his clients through...
by Steven Weisman, Esq. | Oct 22, 2021 | Scam of the day
In March of 2020 I told you about the Federal Trade Commission (FTC) suing the investment training company Online Trading Academy (OTA) and its principals for fraud. In September the FTC settled its claims against OTA and its principals. As a part of the settlement,...
by Steven Weisman, Esq. | Sep 22, 2021 | Scam of the day
I have been warning you about romance scams for many years. Unfortunately, the number of romance scams have increased dramatically during the Coronavirus pandemic. According to the Federal Trade Commission (FTC) Americans lost more money to romance scams last year...
