by Justin Knapp | Sep 23, 2009 | Uncategorized
For more than 30 years, it is claimed that Beverly Hills money manager Stanley Chais was channeling millions of dollars to schemer Bernard Madoff with a cushy cut of the deal along the way. Now that Madoff is doing time, Mr. Chais has moved from middle man to full...
by Justin Knapp | Sep 23, 2009 | Uncategorized
Powerful political figures were not immune to Hassan Nemazee’s con game. Former National Finance Chairman with Hillary Clinton’s and John Kerry’s presidential campaigns, and fundraiser for Barack Obama, Mr. Nemazee created a web of fraud and deception resulting in the...
by Justin Knapp | Sep 23, 2009 | Uncategorized
Of all targets to select for identity theft, Leonardo Zanders chose one of particularly high profile. Federal Reserve Chairman Ben Bernanke was victim to Mr. Zanders nationwide ring of theft and fraud. Geez – seems like he’d think twice about choosing recognizable...
by Justin Knapp | Sep 23, 2009 | Uncategorized
Investors expecting revenue from ATM fees were sorely disappointed following a possible Ponzi scheme. Two suspects involved in the case are accused of wire fraud. Their alleged victims were promised income from the machines stationed in retail locations throughout the...
by Justin Knapp | Sep 23, 2009 | Uncategorized
In a lawsuit filed by Bank of Montreal, former employee Gregory Rao is accused of stealing money from clients. $9.2 million from 20 clients to be exact. Mr. Rao was dismissed in August after admitting to misappropriating $2 million. But as it dug deeper, the bank...
by Justin Knapp | Sep 23, 2009 | Uncategorized
Following consumer complaints, investment companies DC Wealth Management Inc. and DC Associates Inc. have been shut down by Montana regulators amid allegations of a Ponzi scheme. Allegations indicate Donald Chouinard defrauded investors of $1.5 million. The ex-LPL...
