by Justin Knapp | Oct 12, 2009 | Uncategorized
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 gets out of jail. Read the full Investment News story....
by Justin Knapp | Oct 12, 2009 | Uncategorized
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 his investments were far too risky and discovered that more than $500,000 was long gone. Del Toro not...
by Justin Knapp | Oct 12, 2009 | Uncategorized
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 million. The judge was convinced that the 65-year-old southern Californian would do it...
by Justin Knapp | Oct 8, 2009 | Uncategorized
It’s likely that the well-known NY socialite Brooke Astor attempted to teach her son sound financial lessons, but it clearly didn’t soak in. Not only did Anthony Marshall commit financial fraud, he robbed his own mother – to the tune of $200 million! A jury convicted...
by Justin Knapp | Oct 8, 2009 | Uncategorized
A Lansing, Michigan area judge brimmed with confidence at Jeffrey Sadlak’s sentencing recently. Judge Joyce Draganchuk proclaimed that a prison cell is a perfect fit for Mr. Sadlak following his conviction for defrauding investors. It’s good to hear such confidence in...
by Justin Knapp | Oct 8, 2009 | Uncategorized
Fleecing Central sweetheart, Mark Cuban is back in the SEC’s spotlight. A case against Cuban for insider trading was dismissed. But the SEC maintains its accusation that he illegally sold shares of stock. Stay tuned for another shot by the SEC in the court of law....
