Jocelyn Kirsch and Edward Anderton

by Justin Knapp | Oct 17, 2008 | Uncategorized

"Kirsch, 23, and Anderton acknowledged stealing the identities of up to 16 friends and neighbors in the Philadelphia area in 2006 and 2007 to net more than $116,000 in goods and services." reports abc news. The two apparently used the proceeds to fund exotic...

HerbalKing

by Justin Knapp | Oct 15, 2008 | Uncategorized

Yesterday, the Federal Trade Commission shut down HerbalKing, a multinational spamming gang. It is reported that at one point HerbalKing was responsible for up to one-third of all spam messages received. The spammers are currently being investigated and their finances...

Anthony Cuti and William Tennant

by Justin Knapp | Oct 12, 2008 | Uncategorized

Cuti and Tennant of Duane Reade, a chain of drugstores, were charged with securities fraud, making false entries in books and records and making false statements to the Securities and Exchange Commission and auditors. If found guilty both are looking at up to 20 years...

Andres Pimstein

by Justin Knapp | Oct 1, 2008 | Uncategorized

Andres Pimstein, a UM business school graduate, has confessed to operating the ponzi scheme where he used funds from new investors to payback old investors. The full CNN.com article can be read here.