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Investment Scam
News articles on
Investment Scam
Investment scams: Financial crimes of the worst kind 01 Apr 2005 After careful investigation of the PIPS investment program, we believe that it has all of the red flags that indicate an investment scam. ... SitNews, Sun readers asked to spot the outrageously fake story 01 Apr 2005 8. A US fugitive who was alleged to have run a $29-million offshore investment scam, and who was hiding out in Vancouver, was arrested by American authorities ... Vancouver Sun, South Florida financiers charged in alleged investment scam that ... Mar 29, 2005 BY JANE BUSSEY. Two South Florida financiers, who enticed thousands of Latin Americans to invest $127 million in funds with patriotic ... Miami Herald, Investment-scam salesman draws 12-year prison term Mar 17, 2005 By David Washburn. A telemarketer involved in a $50 million investment scam was sentenced yesterday in San Diego federal court to 12 years in prison. ... San Diego Union Tribune Man gets 12 years in investment scam Mar 16, 2005 SAN DIEGO - A man was sentenced to more than 12 years in prison Wednesday for his part in a scam that defrauded thousands of investors out of nearly $50 ... North County Times, Investment scam nets prison term Mar 13, 2005 CALIFORNIA -- A Sacramento-area man was sentenced to more than 8 years in federal prison Friday for running an international investment scam that defrauded ... Chicago Tribune (subscription) Man Accused in Casino Investment Scam Mar 10, 2005 ARIZONA – As reported by the Arizona Republic: "State regulators have charged a Tucson man with securities fraud, stemming from suspected efforts to sell ... Casino City Times, Investment scam Mar 16, 2005 A former Hays, Kan., man was sentenced this week to 18 months in prison and ordered to pay $43,800 in restitution involving sales of a false investment program ... Kansas City Star, Details Revealed In Alleged Investment Scam Mar 11, 2005 New information has been released about what investigators call an elaborate investment scam that could grow into the millions of dollars. ... WBNS, NY Seniors to Recover Funds Lost in Investment Scam Mar 16, 2005 Senior citizens in Erie County, New York, who were defrauded by an unscrupulous financial planner will benefit from a legal recovery of more than $1.1 million. ... Consumer Affairs Man gets 5 years in investment scam Feb 27, 2005 SACRAMENTO, Calif. — A man accused in an online investment scheme that cheated 15,000 investors around the world out of nearly ... Arkansas Democrat-Gazette (subscription), Lawyer's fantasy costs client $372,000 Mar 30, 2005 She is now charged with grand theft, accused of stealing $371,977 from a client -- and blowing it in a Nigerian investment scam. ... Miami Herald, Common sense helps beat scams Mar 27, 2005 According to the North American Securities Administrators Association, today's top investment scam is a familiar one - the Ponzi scheme. ... Birmingham News, Scam nets 10 years Mar 12, 2005 A Nisku man who masterminded a multi-million-dollar Internet investment scam has been jailed for 10 years by a California court. ... Edmonton Sun, Castle’s buyer completes 10 percent d Mar 27, 2005 The IRS took possession of the castle in 2003 as part of an investigation into a $56 million investment scam that authorities say left more than 1,000 victims. ... Glenwood Springs Post Independent, $60M scam nets man five years in jail Feb 26, 2005 The scheme, masterminded by Nisku man Alyn Waage, involved an Internet investment scam that promised a return of 120% a year on each $1,000 contributed. ... Edmonton Sun, Former Sask. resident jailed for $60M online scam Feb 25, 2005 SACRAMENTO, CALIF. - A former Saskatchewan resident, accused in an Internet investment scam that bilked 15,000 investors of nearly $60 million US, was ... CBC News, FINANCIAL SCAMS Mar 6, 2005 ...the same theme. She seeks help recovering $25,000 she and her husband William lost in an investment scam. Victims, including the ... Miami Herald, Central county week in review Mar 27, 2005 Commerce and Rotary Club was arrested on suspicion of 10 counts of grand theft and five counts of financial elder abuse in an alleged $2 million investment scam ... Contra Costa Times, Scam suspect lured to arrest on promise of free lunch Mar 15, 2005 Frederick Gilliland has learned. He was wanted on federal charges involving a Florida investment scam. Gilliland had been living ... AZ Central.com, Fraud Charges Mar 24, 2005 A federal grand jury indicts an Eau Claire man who's accused of running an investment scam. Thomas Anderson, who's 56, has been ... WQOW, Private investigator lures scam suspect across border Mar 15, 2005 SEATTLE - There's no such thing as a free lunch, a fugitive wanted in a Florida investment scam discovered when a private investigator lured him across the ... The Register-Guard, Malappuram duo wanted in US Mar 22, 2005 KOZHIKODE, MARCH 22: Two village school dropouts from Malappuram have allegedly pulled off a Rs 50-crore investment scam in New York, swindling scores of NRIs ... Indian Express, Fugitive lured by free lunch gets his desserts Mar 14, 2005 SEATTLE -- There's no such thing as a free lunch, a fugitive wanted in a Florida investment scam discovered when a private eye lured him across the Canadian ... Seattle Post Intelligencer Scam victims to be repaid Mar 11, 2005 BUFFALO, NY -- Nine elderly victims of an investment scam will split more than $1.1 million under a court order and civil agreement announced Friday by ... Newsday, Eight years prison for Sacramento man in Nigerian scam Mar 11, 2005 A Sacramento man of Nigerian descent was sentenced to more than eight years in federal prison today for running an international investment scam that defrauded ... KESQ, Fugitive Lured By Free Lunch Mar 15, 2005 VANCOUVER, British Columbia -- A fugitive wanted in a Florida investment scam has discovered that there's no such thing as a free lunch. ... KOIN.com, 8 years prison for California man in $2-million US Nigeria bank ... Mar 11, 2005 ...man of Nigerian descent was sentenced to more than eight years in US federal prison Friday for running an international investment scam that defrauded ... National Post, Act fast to recover money from scam Feb 28, 2005 ...property. Last week, I spoke with a woman out $300 in an apparent investment scam, but she handed over the cash two years ago. A ... Charlotte Observer (subscription), Fugitive financier arrested while in US Mar 14, 2005 Gilliland was indicted by a Florida grand jury in 2001 in an offshore "prime bank debenture" investment scam in which he had advertised potential returns as ... London Free Press, This Bentley was no luxury; Mar 5, 2005 ...high on them. In federal court in Philadelphia yesterday, Bentley pleaded guilty to a $24 million investment scam. The $24 million ... philly.com, News briefs from San Diego County Feb 28, 2005 ...was kicked off the Nasdaq stock exchange; and Robert Doede, who was fleeced out of more than $50,000 in a high-profile San Diego investment scam some 20 years ... San Jose Mercury News (subscription) Business brief Mar 1, 2005 ...%%head%%A Birmingham woman pleaded guilty to fraud and theft charges in connection with an investment scam, authorities said. Jameka ... Birmingham News, SMC intent on realizing vision Mar 8, 2005 ...since replacing Brother Craig Franz, who resigned in September after the school lost $120 million in donations because of a real-estate investment scam. ... Contra Costa Times, Couple sentenced for fraud scheme Feb 28, 2005 FORT WORTH, Texas - A couple were sentenced in federal court Monday for an investment scam that bilked more than 800 investors out of millions of dollars. ... Fort Worth Star Telegram (subscription), San Diegan's assets frozen Mar 5, 2005 A federal judge this week froze the assets of a San Diego resident who allegedly operated as the front man for a multimillion-dollar investment scam. ... San Diego Union Tribune Pining for Ponzi Mar 11, 2005 Consider Charles Ponzi, the charismatic scoundrel whose name has become forever associated with a particular kind of investment scam, the Ponzi Scheme. ... Boston Globe Criminal law - US Attorney reports Canadian man guilty on ... Feb 28, 2005 With the help of Ritter's company based in Edmonton, Canada, the indictment alleges that Osaki continued to run the same investment scam through a new company ... Lawfuel (press release), Apple faces multi-billion dollar suit over old for new sales ... Feb 27, 2005 TERRY Venables has emerged as an unlikely potential witness in a Serious Fraud Office investigation into a huge suspected investment scam. ... Scotsman, ValuCar founder finally arrested Feb 26, 2005 1998 Valdes had borrowed $250,000 from Anthony "Tony" Montello, an Oldsmar man who was indicted two months later in an $11-million international investment scam ... St. Petersburg Times, Archived links. These articles may no longer be available. To access these articles you will need to contact the listed source publication (i.e. LA Times, CNN, etc).
Scottsdale woman indicted in investment scam Dec 18, 2003 Scottsdale consultant Sherry Stewart promised investors high-yield returns through a program sponsored by the Federal Reserve. But ... (Arizona Business Gazette, AZ) There's no money left': Man behind investment scam has little ... Dec 19, 2003 By Ed White. A former Steelcase Inc. executive who admitted cheating investors out of $2 million apparently is worth more dead than alive. ... (The Grand Rapids Press (subscription), MI) Businessman in investment scam sentenced to prison Dec 13, 2003 UTICA, NY -- A businessman accused of bilking investors has been sentenced to 19 years and 7 months in prison. Patrick J. Kilkenny ... (Newsday) New Jersey Man Sued Over Investment Scam Dec 4, 2003 ...(1010 WINS) (NEWARK) The state is suing a Bergen County man, claiming he bilked scores of investors out of millions of dollars. ... (1010 Wins, United States) Police Revisit 2002 Homicide Case Dec 19, 2003 Instead, they seem to have been the fallout from a bizarre drama involving a Playboy cover model, a $40-million Wall Street investment scam and a botched ... (Los Angeles Times (subscription), CA) Grudge match : PGE Park battle reveals new layers of families ’ ... Dec 19, 2003 ...subsidiaries. The Associated Press reported last year that Rayburn may have lost as much as $70 million in a Cleveland area investment scam. ... (Portland Tribune, OR) Lewan upbeat after plea of guilty, but victim weeps Dec 24, 2003 ...million. Four of his investment scam victims who attended the brief hearing were not nearly as jovial. "I know the money is lost. ... (Wilkes Barre Weekender, PA) State law enforcers knew about alleged scam and did nothing Dec 8, 2003 Even if the charity division was the wrong one to probe the alleged investment scam and the office believes people invest at their own risk, the staff believed ... (WOOD-TV, MI) Judge orders scam operator to serve 4 years Dec 5, 2003 AUGUSTA -- A Fairfield man convicted of swindling 43 people in an investment scam in which he guaranteed extraordinary profits was ordered to serve four years ... (Central Maine Daily Sentinel, ME) Fairfield man gets 4 years for scam Also ordered to refund ... Dec 5, 2003 AUGUSTA -- A Fairfield man convicted of swindling 43 people in an investment scam in which he guaranteed extraordinary profits was ordered Thursday to serve ... (Central Maine Daily Sentinel, ME) Montez Ottley is found guilty Dec 16, 2003 By Debra Barayuga. A Laie woman was found guilty yesterday of defrauding nearly $67 million from thousands of investors in a "Cayman Islands Investment" scam. ... (Honolulu Star-Bulletin, HI) Heartache trail of cancer conman Dec 6, 2003 Retired fireman Alan Jones from Salford lost £20,000 in the investment scam and Rycroft took £25,000 from his sister and brother-in-law Adele and Paul Shaw. ... (Manchester Evening News, UK) Man in cancer con jailed for four years Dec 5, 2003 A "mean, wicked and heartless" conman who set up an investment scam and then feigned cancer to extract thousands of pounds from friends and relatives was ... (Guardian, UK) A Lm100,000 sting Dec 9, 2003 A Maltese person claims to have lost Lm100,000 in a Nigerian investment scam which initially began with a deposit of Lm1,000, police sources said. ... (Valletta Times, Malta) 1st United to buy First Western Dec 15, 2003 But state banking regulators blocked the deal, and the head of Greater Ministries later was later convicted of running an investment scam. ... (Palm Beach Post, FL) Fairfield man convicted of swindling 43 people Dec 5, 2003 AUGUSTA (AP) -- A 67-year-old Fairfield man convicted of swindling 43 people in an investment scam has been handed a four-year prison term. ... (WMTW, ME) Bogus cancer sufferer jailed Dec 5, 2003 ...harm to many other people.". He said Rycroft had always intended to pay the victims of his investment scam back. In a statement read ... (ITV.COM, UK) Investment scam loss more often recovered Oct 26, 2003 Like thousands of other Florida retirees, Rau King and her late husband, Rex, became victims of an investment scam during the 1990s. ... (St. Petersburg Times, FL) 6 South Floridians charged in investment scam Oct 24, 2003 BY BEATRICE E. GARCIA. A federal grand jury in West Palm Beach has returned a 51-count indictment against six South Florida residents ... (Miami Herald, FL) Police seeking local couple in investment scam Oct 1, 2003 By TIM MCGLONE, The Virginian-Pilot. NORFOLK -- Lee-Hope Thrasher spent more than 10 years helping crime victims, both as director ... (Virginian Pilot, VA) Regulators warn of possible investment scam Oct 8, 2003 The California Department of Corporations is warning consumers to beware of a suspicious investment opportunity called Beijing Development Corporation being ... (Sacramento Business Journal, CA) Avoid retirement scams Oct 27, 2003 ...should go off, McDaniel said. "I had two elderly clients who lost everything" in an investment scam, he said. "All it would have ... (Fayetteville Online, Fayetteville NC) Northwestern British Columbians warned about investment scams Oct 16, 2003 Novice to expert investors will learn how to identify an investment scam, how to check out the background of a financial adviser and how to determine if an ... (Canada NewsWire (press release), Canada) Mutual fund's founder indicted Oct 16, 2003 CLEVELAND - A financial adviser has been charged with running a $34 million investment scam, promising clients high yields and low risk as he swindled them. ... (Miami Herald, FL) Three people have been sentenced and three others have pleaded ... Oct 21, 2003 MIAMI - Three people have been sentenced and three others have pleaded guilty in an investment scam that offered interest in an electricity wholesaler during ... (Miami Herald, FL) Mutual fund's founder indicted Oct 16, 2003 CLEVELAND - A financial adviser has been charged with running a $34 million investment scam that promised high yields and low risk on blue-chip stocks. ... (Kansas City Star, MO) 8 On Your Side Offers Free Investing Seminars Oct 14, 2003 ...with them. Seminar goers will also learn the basics of investing and how to spot an investment scam before you're taken. The simple ... (WGAL Channel.com, PA) Alleged Ponzi scheme head arrested Oct 9, 2003 The criminal complaint that led to Osaki's arrest alleges that he continued to run the same investment scam through a new company, Village Capital Trust ... (San Diego Union Tribune, CA) Lyford Cay resident Kozeny indicted for fraud Oct 6, 2003 Czech Republic's richest man, he has faced numerous fraud charges and lawsuits, and is expected to be tried in absentia by the Czechs for an investment scam ... (Nassau Guardian, Bahamas) Imprisoned Stockbroker Back In Cleveland Oct 2, 2003 Gruttadauria, who is serving a seven-year sentence at a federal prison in Morgantown, W.Va., for an investment scam, was brought to Cleveland and the county ... (NewsNet5.com, OH) Life in the midst of terror probe: Innocent neighbors feel the ... Oct 2, 2003 ...apart. Omar Shishani, the man arrested with phony cashier's checks, was found to be trying to finance a soybean investment scam. ... (Detroit Free Press, MI) Bowden just likes to keep working Oct 8, 2003 ...games the last two years. And why his oldest son, Steve, lost $1.6 million of his money in an investment scam. Now, after a perfect ... (Sarasota Herald-Tribune, FL) Agent denies link to suspect Oct 9, 2003 A mid-Michigan real estate agent at the center of an alleged investment scam said she does not have a business relationship with homicide suspect Lyle Youngs ... (MLive.com (subscription), MI) |
