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21 Sep 2009 No Comments

Girls Just Want to Have Fun

Wells Fargo Senior Vice President Cheronda Guyton hosted guests at a lavish $12 million beach house. The only problem was that the home didn’t belong to Ms. Guyton. The 3800 […]

21 Sep 2009 No Comments

Tales of Woe from the Nursing Home

Nursing home resident and 20-year client of John Edward Mullins was swindled out of more than $11,000. The 97-year-old client was admitted to a nursing home in 2006 and soon […]

21 Sep 2009 No Comments

Going once, going twice… $12.7 Million Settlement

The state of Texas gets a whopping $12.7 million settlement from Merrill Lynch following the state’s investigation of the firm’s questionable marketing of auction rate securities (ARS) as cash-like and […]

21 Sep 2009 No Comments

Slam Dunk Case Against Morgan Keegan & Co.

Former NBA all-star Horace Grant prevailed over Morgan Keegan & Co. during a hearing in LA, awarding the athlete a record $1.45 million in compensatory damages. Mr. Grant’s lawsuit claimed […]

21 Sep 2009 No Comments

Voodoo Failed Former AIG Advisor

Despite his best efforts fabricating voodoo dolls and employing psychics, Barry R. Stokes was unable to ward off incriminating testimony by victims of his financial fraud. The ex-AIG advisor of […]

21 Sep 2009 No Comments

Prison Could be Future Residence for Merrill Advisor

New Jersey has a bad reputation for wise guys. Stephen Severio is case in point. He’s a former Merrill Lynch advisor who is accused of bilking clients of $500,000. Read […]

21 Sep 2009 No Comments

Bankers Seek Death Profits

In the wake of the economic meltdown, Wall Street bankers are pursuing their next great idea, albeit a bit morbid. The concept involves life insurance policies of ill or elderly […]

13 Apr 2009 No Comments

The biggest tax cheats: Rich folks

The Forbes.com article writes about a study that shows that the wealthy are most likely to cheat on their taxes. Of those who make between $500K and $1M, incomes are […]

31 Mar 2009 No Comments

FBI swamped by financial fraud cases

Discussion of future and current financial fraud as the Obama stimulus package gets into the hands of fleecers. A transcript of the audio can be found at abc.net.

27 Mar 2009 No Comments

Subprime Swindlers Reconnect to Homeowners in Foreclosure Scams

Subprime Swindlers Reconnect to Homeowners in Foreclosure Scams By Edward Robinson