money-making schemes

Congregation gets some resolution to Ponzi scheme fraud

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In an update to this story, Bible marketing: Ponzi scheme took many investors, some members of the church have settled their suit. I-TEAM: Settlements for some in Bishop Eddie Long’s congregation. He came into church with promises of riches for Bishop Eddie Long’s congregation. Ephren Taylor, a self-described financial guru, left with nearly a million…

Herbadeath?

pyramid-scheme

Things heat up against Herbalife with a call to look into their business practices. Senator Calls for Inquiry Into Herbalife – NYTimes.com. Herbalife, the nutritional supplements company that has long been in the cross hairs of a powerful hedge fund manager, is coming under increased scrutiny in Washington. Senator Edward J. Markey, Democrat of Massachusetts,…

“Dirty” money is the new scam

dirty money

Well this is a new one. Beware! Woman hands over banknotes ‘carrying deadly virus’. An elderly woman in Italy has been robbed by well-dressed bandits who convinced her to part with around $2000, saying her notes had been contaminated with a deadly virus. She said the women identified themselves as health department officials and asked…

Jury took only 45 minutes to find Trudeau guilty

trudeau

Update to the Kevin Trudeau jail watch: In Jail TV pitchman Kevin Trudeau found guilty of contempt, ordered held – chicagotribune.com. On Tuesday, a federal jury wasn’t buying what Trudeau was selling. The panel of six men and six women deliberated just 45 minutes before finding the controversial author guilty of criminal contempt of court…

UAE council wants tougher laws for sorcerers because… blasphemy

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In the United Arab Emerates, there is a push for stronger laws against scams that are promulgated by “sorcerers”. Apparently just scamming is not enough. It becomes a religious issue too. FNC pushes for stronger laws against charlatans and sorcerers | The National. Lawyers and a member of the Federal National Council have said a…

Credit card robocallers masquerading as ‘Teachers Phone’

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This is so smart and evil. There is a special circle of hell for robo-call telemarketers. A New Telemarketer Tactic: Impersonating Teachers | Credit.com Blog. Caller ID isn’t always what it appears, and increasingly, criminal telemarketers are taking advantage of that. Aggressive phone sales operators have pretended to be the IRS, and they’ve pretended to…

Can Kevin Trudeau talk his way out of jail? (UPDATE: Released from jail)

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Right where he belongs. Infomercial king Kevin Trudeau thrown in jail after lavish spending The 50-year-old convicted fraudster was jailed Wednesday by U.S. Judge Robert Gettleman, who finally lost patience with Trudeau’s repeated claims of poverty. “This is not an infomercial — you can’t talk your way out of this” Gettleman told Trudeau after the…

Chiropractors pitch you dubious “cure” for diabetes

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Be aware of such scams. Call 12: Promise of diabetes ‘cure’ has a catch. Diabetic Solutions MD promises it can help cure diabetes through a step-by-step process and nutritional supplements that could cost you thousands. Don’t be misled by the MD in the title. The doctors pitching the supplements are licensed chiropractors whose practices revolve…

N.Y. attorney general trying to trump Trump on his “university”

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Some people just aren’t great teachers. N.Y. attorney general suing Trump’s school for fraud – CNN Political Ticker – CNN.com Blogs. New York’s attorney general accused Donald Trump in a lawsuit Saturday of defrauding students who studied at the billionaire mogul’s investment institute, though Trump’s representative said a large majority of the school’s alumni were…

UK government agencies ignored warnings of fake bomb detector

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The aftereffects of the fake bomb detector scandal continues. Governments promoted the use of the devices that caused deaths due to failing to detect bombs and people possibly imprisoned on false positives. UK government promoted fake bomb detectors | World news | The Guardian. Three British government departments and agencies promoted the international sale of…

A roll in the dough

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A classic case of if it sounds too good to be true…You’ve got to be kidding me. Mountain View: Arrests made in ‘roll around in cash’ online date robbery scheme – San Jose Mercury News. Police arrested three males as suspects in a “blind date” robbery scheme in which victims would be wooed by a…