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Friday, July 3, 2009

How crooks worm their way into your wallets.

FTC LogoHah! Good one FTC (Federal Trade Commission). I originally had this post titled, "How to Spot a Scam", but it just didn't do them justice ;) Check out this email below and tell me if it's not the awesomest thing you've ever read from them:

Today's troubled economic waters are infested with a voracious school of sharks -- con artists who are promising people a lifeline through jobs, recession-proof income, and access to free government grant money. They are bleeding money from individuals, and from the economy as a whole.

That's why the Federal Trade Commission and its partners are moving aggressively through enforcement and education. As the nation's consumer protection agency, we've produced a new video to help people learn how to spot a scam. It features two scam victims and a former telemarketer of fraudulent business opportunities who explains exactly how he got people to part with their money:


We hope you'll share this video and help your readers learn just how crooks worm their way into their wallets. More resources about helping people avoid business opportunity scams are at www.ftc.gov/bizopp. Did you like it?

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Monday, June 29, 2009

Bernard Madoff sentenced to 150 years!!!

Madoff jailed for 150 years!! WOW. Guess that's what you get for scamming people out of millions and millions of dollars buster. This should at least give some solace to those who were burned by him, although, I'd much rather have part of the money back!

And by "I", I mean those who invested. Fortunately, I was not involved. And it's a good thing too as I would have easily fallen for it had I a) had lots of money to invest, and b) been approached ;) Or at least the old me would have been tricked....I'm a bit more cautious these days.

Anyways, click over to read more on Madoff going to jail for the rest of his life. Sucks to be him.

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*Time to poke through the Archives*


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