Scam

Madoff Auction Pulls In Double Auctioneers Hope

Michael Santo — Sun, 15 Nov 2009 11:24:44 -0600

A Saturday auction of some of the belongings of Bernard and Ruth Madoff pulled in about double what auctioneers had hoped, and far more than the estimated value of the goods, auctioneers said. The total was about $1 million.

Woman Played Public For Boobs To Get Breast Implants

Michael Santo — Fri, 13 Nov 2009 11:10:43 -0600

There are many who, without health insurance, cannot afford to pay for their own breast cancer treatments. 24-year-old Trista Joy Lathern was such a person, she said. Too bad that the whole thing was just a scam.

Jeffry Picower Made Millions from Madoff Scam: Found At Bottom Of Pool

Michael Santo — Sun, 25 Oct 2009 18:29:35 -0500

Jeffry Picower, a millionaire philanthropist and Bernie Madoff friend, who made millions from the Madoff investment scheme, has been found at the bottom of his swimming pool in Palm Beach. He was later pronounced dead at a hospital. Picower was 67.

Brainetics Scam Rumors Create Havoc Online

Cheryl Phillips — Sat, 12 Sep 2009 12:33:26 -0500

Brainetics scam is rising to the top of the search engines and Google trends today. Last year, Mike Byster created the popular Brainetics educational system that teaches math and memory skills. It was quickly awarded a 2008 Parents' Choice Gold Award but now the rumor on several blogs and social networks is that Brainetics is a scam.

What is fbstarter.com? A Phishing Scam

Michael Santo — Thu, 30 Apr 2009 12:01:08 -0500

The more popular something is, the more people want to use it as a way to scam people. An example would be the recent swine flu related spam attacks, and these are phishing scams that sends Facebook users to fake login sites (today fbstarter.com, yesterday fbaction.net).

Bernie Madoff to Plead Guilty; Faces Up to 150 Year Sentence

Michael Santo — Tue, 10 Mar 2009 23:40:00 -0500

It was revealed Tuesday that Bernie Madoff, who perpetrated one of the largest frauds in history, will plead guilty on Thursday to securities fraud, perjury and other crimes. He could face, though unfortunately no serve, up to 150 years in prison.

Bernie Madoff May Be Near a Deal

Michael Santo — Fri, 06 Mar 2009 12:36:51 -0600

The U.S. Attorney's office suggested in a brief court filing on Friday that Bernie Madoff is ready to waive a formal grand jury review (an indictment). Usually that sort of language is used when a plea deal is close.

Retired UK Veteran Kills Himself Over Madoff Losses

Michael Santo — Sat, 14 Feb 2009 13:39:51 -0600

A retired British Army major has killed himself after losing his life savings to the Bernie Madoff Ponzi scheme.

Madoff Victim, Age 90, Returns to Work

Michael Santo — Sat, 07 Feb 2009 15:17:11 -0600

Many have seen their retirement savings dry up as the stock market has dropped precipitously in the recession. But there are also those who were victims of Bernie Madoff's Ponzi scheme who lost everything. And one such California resident has had to return to work, at age 90.

Heritage Wealth Management Exec Fakes Plane Crash

Michael Santo — Mon, 12 Jan 2009 18:54:23 -0600

Marcus Schrenker, was, or is, an Indiana businessman whose financial management companies, Heritage Wealth Management Inc., Heritage Insurance Services Inc. and Icon Wealth Management, were under investigation. Now it appears he apparently bailed out of his small plane and let it crash in what may have been an attempt to fake his own death.

Scientology luxury cruise ship remains locked down; Cult put thousands at high cancer risk

lilly_von_marcab — Sat, 07 Jun 2008 11:49:48 -0500

Six weeks after public health authorities on the Caribbean island of Curaçao (Netherlands Antilles) impounded the Scientology cult's 440-foot luxury liner "Freewinds," the ship remains locked down. Experts advise that decontaminating the ship would cost millions of dollars and may not even be possible. Meanwhile, the cult continues to solicit funds for cruises that will not happen.

LAWSUIT REVEALS SHELL PENNZOIL MIRED IN ANOTHER SCANDAL

johnadonovan — Thu, 30 Aug 2007 08:25:10 -0500

Court documents reveal that Royal Dutch Shell premium brand motor oil, Pennzoil-Quaker State, is mired in another false advertising scandal.