by Steven Weisman, Esq. | Jun 4, 2023 | Scam of the day
Phillip Galles was recently criminally charged with operating a Ponzi scheme through which he allegedly stole more than two million dollars from unwary investors who he convinced that he was investing their money in commodity futures, but, according to federal...
by Steven Weisman, Esq. | Feb 8, 2022 | Scam of the day
Ponzi schemer Perry Santillo, known as “King Perry” was sentenced to 17.5 years in prison for his role in a Ponzi scheme he had been involved with since 2007 that stole 115 million dollars from more than a thousand investors, man of whom were elderly. His...
by Steven Weisman, Esq. | Oct 8, 2021 | Scam of the day
Scam artists around the world should probably honor Charles Ponzi, the man who perfected the scheme that bears his name that has been used by many scammers to steal billions of dollars from unwitting victims who made the mistake of investing their money with such...
by Steven Weisman, Esq. | Sep 18, 2021 | Scam of the day
The Securities and Exchange Commission (SEC) recently obtained a temporary restraining order shutting down an alleged Ponzi Scheme operated by Jason Dodd Bullard and Angela Romero-Bullard. Over the years Ponzi schemes have been used by many scammers to steal billions...
by Steven Weisman, Esq. | Mar 2, 2019 | Scam of the day
Had he not died in 1949, today would have been Charles Ponzi’s 137th 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...
