by admin | Jun 29, 2015 | Scam of the day, Site Related
Irving Picard, the trustee appointed by the Securities Investor Protection Corporation (SIPC) to protect the interests of the victims of the Bernie Madoff Ponzi scheme has announced a settlement with Plaza Investments International by which Plaza will pay 140 million...
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 | Nov 10, 2014 | Scam of the day, Site Related
The Securities Investor Protection Corp. is a nonprofit corporation formed by Congress to assist investors who have lost money through investment fraud in getting back money they have lost to swindlers and other investment criminals. They work with court appointed...
by Steven Weisman, Esq. | Apr 22, 2012 | Scam of the day, Site Related
The SEC has just filed charges against two brothers in England alleging that they scammed 75,000 people through a scheme in which they touted a penny stock picking robot that they had developed that could identify stocks about to double in value. The two...