by Steven Weisman, Esq. | Apr 12, 2021 | Scam of the day
A little over a month ago on March 3rd was Charles Ponzi’s 139th birthday. Scam artists around the world should probably honor the man who perfected the scheme that bears his name that has been used by many scammers to steal billions of dollars from unwitting...
by Steven Weisman, Esq. | Jan 5, 2021 | Scam of the day
Investment scams have always been with us, but the Coronavirus pandemic has accelerated the number of investment scams through scams involving companies and promotors claiming to have effective products that can prevent, detect or cure the Coronavirus. The ...
by Steven Weisman, Esq. | Nov 27, 2020 | Scam of the day
Longtime Scamicide readers will remember that I have written many times about a wide variety of investment scams. There are many different investment scams, but generally, people often become victims of investment scams when they invest in things that they...
by Steven Weisman, Esq. | Apr 20, 2020 | Scam of the day
In the Scam of the day for March 21st, 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...
by Steven Weisman, Esq. | Feb 10, 2020 | Scam of the day
Affinity fraud is the name for the type of fraud where people put undeserved trust in someone offering an investment opportunity because that person is “someone like me.” Affinity fraud works because people trust other people who may share a common bond,...
