by admin | Mar 22, 2017 | Scam of the day, Site Related
Ponzi scheming investment advisor Patrick Churchville has been sentenced to seven years in prison for operating a Ponzi scheme that cheated more than a hundred of his clients out of 21 million dollars. Between 2008 and 2011 Churchville invested his clients’...
by admin | Mar 6, 2017 | Scam of the day, Site Related
If you needed further proof that the scam pioneered by Charles Ponzi whose birthday was just three days ago still lives, the guilty plea of Troy Wragg in federal court on various fraud charges including securities fraud and conspiracy is proof that Ponzi schemes are...
by admin | Mar 3, 2017 | Scam of the day, Site Related
Had he not died in 1949, today would have been Charles Ponzi’s 135th 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 scam artists, the only criminals we refer to as...
by admin | Feb 25, 2017 | Scam of the day, Site Related
March 3rd is the birthday of Charles Ponzi and although he died many years ago, the scheme with which bears his name still is being used to scam many people today. Here is a link to my recent column for USA Today in which I give you some tips about how to recognize...
by admin | Jul 10, 2016 | Scam of the day, Site Related
Wall Street executive Andrew Caspersen pleaded guilty earlier this week to charges that he scammed investors out of millions through a scam in which he lured investors with representations that he would earn 15% or more on their investments by lending money to private...
