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19 Oct 2009 No Comments

Fedorov Gets Checked in Scam

A pro on the ice got frozen out of $60 million in this scam. Former Detroit Red Wings hockey player Sergei Fedorov is suing to recover his millions lost in […]

19 Oct 2009 No Comments

Special Software Doesn’t Get the Money Back

A Chicago area investor conned his clients into believing that between his intelligence and his specialty software, he’d steadily deliver returns as high as 20%. As it turns out, however, […]

14 Oct 2009 No Comments

You’ve Been Friended… and Busted

Here’s tip number one when you’re on the run from the U.S. Justice Department: Refrain from updating your Facebook page with your whereabouts and hijinx. Tip number two: Don’t friend […]

14 Oct 2009 No Comments

Rumeal! Are You For Real?!

According to federal charges, former basketball great Rumeal Robinson paid kickbacks to an Iowa banker for loans he didn’t plan to pay back. Seems that the athlete is no longer […]

14 Oct 2009 No Comments

Kicking Them When They’re Down

A Livonia, Michigan couple is accused of stealing $230,000 from funeral home clients who thought they were pre-paying for funeral arrangements. But instead of purchasing cemetery plots and such, this […]

12 Oct 2009 No Comments

From Prison to Barnes & Noble

The same investment guy who is charged with scamming clients out of $1.5 million and then purposely crashed his own plane is now writing a book about how his bipolar […]

12 Oct 2009 No Comments

This Crook Just Keeps on Tickin’

Out of federal prison for mail fraud, Nicholas Cosmo allegedly proceeded to bilk $400 million in a Ponzi scam. While on house arrest, he then broke the terms of release […]

12 Oct 2009 No Comments

Miami Vices

Miami insurance agent Jose Peris pleaded not guilty to stealing about $14 million. His alleged vices include submitting insurance contracts with fake policyholders. Stay tuned to see if this guy […]

12 Oct 2009 No Comments

Life Savings Frittered Away

A 90-year old nursing home resident entrusted his life savings to former New York broker Sergio Del Toro. But in the end, the elderly investor and his family saw that […]

12 Oct 2009 No Comments

A Century of Punishment

Mr. Richard Heartless…. uh, I mean… Harkless. Mr. Richard Harkless received a brutal sentence of 100 years in prison for his Ponzi scheme that caused his investors to lose $40 […]