by Steven Weisman, Esq. | Aug 27, 2026 | Scam of the day
In 2025, the FTC and the state of Nevada filed a civil lawsuit against IM Mastery Academy and its principals in which they accused them of operating a deceptive investment training and multi-level marketing scheme that scammed consumers of more than $1.2 billion. IM...
by Steven Weisman, Esq. | Jul 22, 2025 | Scam of the day
Many people are probably not familiar with forex trading. Forex trading is the name for the very speculative investing in trading foreign currencies. It definitely is not an investment for inexperienced investors and while it certainly is legal, there have been many...
by Steven Weisman, Esq. | Dec 8, 2023 | Scam of the day
Illegal pyramid schemes take many forms. Last week I warned you about the Secret Sister Gift Exchange. I first reported to you about this scam in 2015, but it keeps turning up each year so it is important to remind you of it. It seems harmless enough when you see it...
by Steven Weisman, Esq. | Dec 2, 2023 | Scam of the day
Fans of the old horror movie Poltergeist 2 remember the classic line “They’re back” and so it is with the classic Secret Sister scam which returns each holiday season. I first reported to you about this scam in 2015. It seems harmless enough when...
by Steven Weisman, Esq. | Aug 11, 2023 | Scam of the day
Illegal pyramid schemes take many forms. Year after year since 2015 I have warned you about the Secret Sister Gift Exchange, which keeps reappearing each year around the holidays. It seems harmless enough when you see it come up in your email or on social media,...
