by admin | Jan 14, 2016 | Scam of the day, Site Related
Montana state judge Mike Menahan has frozen the assets of Matthew McClintock and also issued a permanent injunction freezing the assets of McClintock, who also uses the name Michael Willis following charges of securities fraud brought by the Montana State Auditor....
by admin | Oct 29, 2015 | Scam of the day, Site Related
When Bernie Madoff’s Ponzi scheme unraveled in December of 2008 it was estimated that his investors which included charities as well as individual investors lost about 20 billion dollars. Irving Picard, the trustee appointed by the Bankruptcy Court to try to...
by admin | Mar 3, 2015 | Scam of the day, Site Related
Had he not died in 1949, today would have been Charles Ponzi’s 133rd 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 | Dec 10, 2014 | Scam of the day, Site Related
The SEC has brought fraud charges against Levi Lindemann, an investment adviser, accusing him of stealing almost a million dollars from elderly investment clients. According to the SEC, between the years of 2009 and 2013, Lindemann collected money from investors only...
by Steven Weisman, Esq. | Aug 31, 2014 | Scam of the day, Site Related
It is interesting to note that when it comes to investment scams, sophisticated investors are often the victims. This was true in the Ponzi investment scam of Bernie Madoff and it was true of the investment scam of recently convicted David Rose. Rose specialized in...
