by Justin Knapp | Oct 26, 2009 | Uncategorized
Patricia Cornwell now has real life fodder for her crime fiction, but investment fraud isn't really her forte. Cornwell is accusing Anchin Block &Anchin of mishandling her fortune. $40 million is gone and though it’s not all accounted for,...
by Justin Knapp | Oct 26, 2009 | Uncategorized
Recently, FC pondered the massive investment thefts at the hands of Raj Rajarutnam. Come to find out, that Mr. Rajarutnam may be more than greedy. He’s accused of funding a group of suicide bombers of Sri Lanka. Now that’s about as bad as it gets, and that’s no joke....
by Justin Knapp | Oct 26, 2009 | Uncategorized
Richard Piccoli maintained an investment scheme for almost 30 years, luring victims with advertisements in Catholic newspapers and using clergy members as references. The New York crook confessed to bilking millions through his Gen-See Capital Corp. He has 20 years to...
by Justin Knapp | Oct 26, 2009 | Uncategorized
They don’t have the winningest record in MLB baseball, but the Mets hit a homerun on their investment with Bernard Madoff. The Mets ownership was one of the very few victims of the Madoff Ponzi scam to make a profit. To the tune of $48 million. But not so fast…...
by Justin Knapp | Oct 19, 2009 | Uncategorized
Billionaire hedge fund manager Raj Rajaratnam is accused of insider trading that produced $12.7 million in illegal profits. Forgive FC, but at what point will these scammers figure out they already have enough money to support small countries? No need for piddley...
by Justin Knapp | Oct 19, 2009 | Uncategorized
Advisor Sean Healy is sorely disappointed to learn that the Ponzi party is over. According to the SEC, Healy used approximately $20 million he acquired through a Ponzi scheme to satisfy every whim. A fancy home in Florida, a vast collection of luxury automobilies,...
