by Steven Weisman, Esq. | Sep 13, 2012 | Scam of the day, Site Related
Recently Carmelo Provenzano and Daniel Dragan pleaded guilty to crimes related to operating a Ponzi scheme through which they scammed investors out of millions of dollars. They lured their victims into investing in two phony hedge funds “Caxton Capital Management”...
by Steven Weisman, Esq. | Aug 21, 2012 | Scam of the day, Site Related
Charges were recently brought by the Securities and Exchange Commission against former University of Georgia football head coach and member of the college football hall of fame, Jim Donnan in regard to operating an eighty million dollar Ponzi scheme by which he stole...
by Steven Weisman, Esq. | Jun 26, 2012 | Scam of the day, Site Related
The New York Attorney General just announced a settlement with Hedge Fund Manager Ezra Merkin, by which Merkin will pay 410 million dollars to victims of Bernie Madoff’s Ponzi scheme. Merkin was reportedly managing his clients’ investments by merely...
by Steven Weisman, Esq. | Jun 15, 2012 | Scam of the day, Site Related
Yesterday, R. Allen Stanford, the primary figure of the Stanford Financial Group was convicted of running a Ponzi scheme by which he stole 7 billion dollars through his Stanford International Bank based in Antigua. He was sentenced to 110 years which sounds like a...
