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. | Feb 1, 2022 | Scam of the day
The Securities and Exchange Commission (SEC) recently charged Allen C. Giltman, a former registered investment professional with operating a fraudulent scheme to lure investors into purchasing non-existent certificates of deposit (CDs). The SEC alleges Giltman and...
by Steven Weisman, Esq. | Sep 22, 2021 | Scam of the day
I have been warning you about romance scams for many years. Unfortunately, the number of romance scams have increased dramatically during the Coronavirus pandemic. According to the Federal Trade Commission (FTC) Americans lost more money to romance scams last year...
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. | Sep 16, 2021 | Scam of the day
Recently, Michael Ackerman was convicted in federal court of operating a cryptocurrency scam in which he and two partners scammed investors out of 30 million dollars by falsely claiming that his cryptocurrency investment fund would produce monthly returns of more than...
