Quantcast

Latest Ponzi scheme Stories

2014-01-07 23:04:39

TheGreedChase.com Consumer Fraud Network Gives Ordinary Citizens, Novice Investors and Small Businesses the Tools to Halt the Growing Class of Fraudulent Actors on Main Street. Check out Exclusive News on Alleged Ponzi Schemer Ephren Taylor Little Rock, AR (PRWEB) January 07, 2014 TheGreedChase.com consumer fraud network debuts today to help individuals, small businesses and novice investors learn the necessary skills to halt fraudulent scams in their local communities. "The goal of...

2012-02-14 08:00:00

There is no current tracking of the number annual federal or state Ponzi scheme victims. However, the Wall Street Fraud Watchdog estimates the number of defrauded investors is probably in the tens of thousands of US citizens each year, and the costs are probably in the billions of dollars. The Wall Street Fraud Watchdog has developed a revolutionary due diligence service, that has been designed to make certain a high net worth investor, a married couple, or a senior citizen does not lose it...

US Government Calls Online Poker Site Ponzi Scheme
2011-09-21 05:35:16

  The US government claims that Full Tilt, an online gambling site based in Dublin, Ireland, is a ponzi scheme. The government claims the sites board of directors used player´s funds to enrich themselves to the tune of $440 million dollars between April 2007 and April 2011. Raymond Bitar and 11 other defendants were named in an indictment seeking $3 billion dollars in penalties and alleging crimes including illegal gambling, money laundering and bank fraud, according to the...

2010-03-22 09:15:00

WILMINGTON, Del., March 22 /PRNewswire/ -- ShareBuilder from ING DIRECT USA announced today the results of a first-of-its-kind comprehensive survey that measured investor sentiment by age groups. After a decade of economic challenges and a rollercoaster stock market, the survey reveals how younger and older investors uniquely perceive market opportunities in 2010 and how their investment habits differ. Overall, the survey found investors of all ages have not been beaten down by poor...

2010-01-29 11:52:00

NEW YORK, Jan. 29 /PRNewswire/ -- What: With nearly a trillion dollars lost by financial institutions and individual investors to Ponzi schemes and other investor frauds over the past couple of years, traditional due diligence has been lacking. So what can investors do to protect themselves from potentially fraudulent investment situations and fraudulent investment advisors? Insite Security...

2009-11-23 14:12:00

NEW YORK, Nov. 23 /PRNewswire/ -- In recognition of the damage inflicted on investors by financier Bernard Madoff's decade-long Ponzi scheme, CIRCA, the largest global buyer of jewelry from the public, recently spent $50,000 in a U.S. Marshals-held jewelry auction designed to benefit Madoff's investor victims. (Photo: http://www.newscom.com/cgi-bin/prnh/20091123/NY16084) CIRCA purchased an Art Deco diamond and emerald bracelet for twice the piece's appraised value of $25,000. The piece,...

286d561637b83103ef0feeaa7814b0f01
2009-09-30 12:34:25

U.S. Securities and Exchange Commission investigator H. David Kotz has recommended 58 steps to tighten enforcement in the wake of the Bernard Madoff scandal. For thousands of investors, Ponzi scheme operator Bernard Madoff represents a $65 billion crime, not a scandal. At the SEC, however, Madoff, now serving a 150-year prison sentence, represents both after Kotz's internal investigation revealed six substantial warnings given SEC officials that resulted in missed opportunities to stop the...


Word of the Day
toccata
  • In music, a work for a keyboard-instrument, like the pianoforte or organ, originally intended to utilize and display varieties of touch: but the term has been extended so as to include many irregular works, similar to the prelude, the fantasia, and the improvisation.
This word is Italian in origin, coming from the feminine past participle of 'toccare,' to touch.
Related