by Steven Weisman, Esq. | Oct 26, 2019 | Scam of the day
Recently the Department of Justice obtained a grand jury indictment against Hal H. Brown Jr. on charges related to his alleged operation of a Ponzi scheme. Although, Charles Ponzi was not the first to use the technique of paying off early investors with the...
by Steven Weisman, Esq. | Apr 5, 2019 | Scam of the day
Yesterday, popular New York sports talk radio host Craig Carton, half of the popular WFAN morning talk show “Boomer and Carton” was sentenced to three and a half years in prison in regard to a scam in which he and two other men, Michael Wright and Joseph...
by Steven Weisman, Esq. | Mar 20, 2019 | Scam of the day
The Securities and Exchange Commission (SEC) has recently filed criminal charges against investment adviser William Neil “Doc” Gallagher who has been accused by the SEC of operating a multi-million dollar Ponzi scheme in which he victimized mostly elderly...
by admin | May 4, 2018 | Scam of the day
Investment adviser Li Lin Hsu was arrested last week by FBI agents on charges of scamming his clients out of 2 million dollars. According to the FBI, Hsu solicited her clients through ads in Chinese newspapers. However, instead of investing the funds provided to her...
by admin | Apr 13, 2018 | Scam of the day
In the nine and a half years since Ponzi scammer Bernie Madoff was exposed as having swindled unsuspecting investors out of approximately 17 billion dollars, Irving Picard, the court appointed trustee charged with recapturing funds from people who profited from...
