#ponzi-scheme
#ponzi-scheme
[ follow ]
fromFortune
2 weeks agoMiles 'Burt' Marshall, 73-year-old upstate New Yorker, indicted for alleged $95 million Ponzi scheme
Miles "Burt" Marshall was widely trusted in upstate New York, promoting an "8% Fund" investment scheme that ultimately proved to be a Ponzi scheme, leading to his bankruptcy.
US news
Fundraising
fromPsychology Today
2 months agoWhy Smart People Fall for Fraudulent Schemes
Scams exploit emotions, not intelligence; anyone can fall for a Ponzi scheme.
Victims endure trauma and shame, with recovery being as crucial as financial restoration.
To avoid scams, stay alert and verify claims before trusting promises.
SF parents
fromsfist.com
3 months agoDay Around the Bay: Federal Court Says Trump's Tariffs Aren't Legal
Kenneth Mattson is released on $4 million bail amid opposition from victims of his Ponzi scheme.
Immigration advocates rally against ICE arrests of legal asylum seekers.
A federal court rules Trump's tariffs were unlawful under the invoked economic emergency law.
Elon Musk leaves White House advisory role expressing concerns over fiscal issues.
[ Load more ]