Most Active Articles 2009-11-24T08:03:08.779-05:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:investment-scams Mara Der Hovanesian mderhovanesian536 urn:com:businessweek:bx:article:14485802992653664842-f9778abf4507f723a4a75390e95dbb05 2009-11-21T23:23:31.659-05:00

The SEC has charged two companies and four individuals with involvement in a nationwide $30 million Ponzi scheme that lured over 300 elderly and retirement-age individuals to invest their savings in a “green” investment opportunity.

The SEC has charged two companies and four individuals with involvement in a nationwide $30 million Ponzi scheme that lured over 300 elderly and retirement-age individuals to invest their savings in a “green” investment opportunity. http://www.hedgetracker.com/article/SEC-Halts-Mantrias-30-Million-Green-Ponzi-Scheme Todd Walker rwienke085 0 0 0 0 urn:com:businessweek:bx:article:7638676789888347108-ff62eb9a7f429cc59486600c9f64a7a9 2009-11-13T12:07:36.764-05:00

Two computer programmers who worked in Bernard Madoff’s 17th-floor offices, where he masterminded a multibillion dollar fraud, were arrested today by the FBI. Jerome O’Hara, 46, and George Perez, 43, will appear in Manhattan...

Two computer programmers who worked in Bernard Madoff’s 17th-floor offices, where he masterminded a multibillion dollar fraud, were arrested today by the FBI. Jerome O’Hara, 46, and George Perez, 43, will appear in Manhattan... http://www.bloomberg.com/apps/news?pid=20601103&sid=agwDy01liBuk Ron Casalotti rcasalotti055 10 9 0 1 urn:com:businessweek:bx:article:11805139203250972252-8a80df22de9d7885a2ebc2db9d26fd25 2009-11-18T12:36:31.363-05:00

The SEC charged Ezra Levy, former CFO of hedge fund manager Boston Provident LP, with securities fraud. In June 2009, Mr. Levy allegedly made unauthorized trades from his own personal account to Boston Provident's accounts at an above-market price.

The SEC charged Ezra Levy, former CFO of hedge fund manager Boston Provident LP, with securities fraud. In June 2009, Mr. Levy allegedly made unauthorized trades from his own personal account to Boston Provident's accounts at an above-market price. http://www.hedgetracker.com/article/CFO-of-Boston-Provident-Charged-with-Securities-Fraud Todd Walker rwienke085 0 0 0 0 urn:com:businessweek:bx:article:8343705996037113718-461ad32c8132f5304487c6805e6af93b 2009-11-10T10:28:37.107-05:00

Bernard Madoff's watches, his personalized Mets jacket and Post-it notes will go on the auction block this weekend in a government-run garage sale designed to raise at least $500,000 for the victims of his Ponzi scheme.

Bernard Madoff's watches, his personalized Mets jacket and Post-it notes will go on the auction block this weekend in a government-run garage sale designed to raise at least $500,000 for the victims of his Ponzi scheme. http://online.wsj.com/article/SB125781117627439887.html?mod=WSJ_hps_MIDDLEFifthNews Lauren Young lyoung404 5 4 0 1 urn:com:businessweek:bx:article:3582837510671736089-04bf1be8907b04cb67f2634635d35d93 2009-11-11T18:11:34.242-05:00

Last week the SEC charged Value Line Inc., an affiliated broker-dealer Value Line Securities (VLS), and two of Value Line's senior officers with defrauding the firm's family of mutual funds. Value Line's CEO Jean Buttner and its former Chief...

Last week the SEC charged Value Line Inc., an affiliated broker-dealer Value Line Securities (VLS), and two of Value Line's senior officers with defrauding the firm's family of mutual funds. Value Line's CEO Jean Buttner and its former Chief... http://www.hedgetracker.com/article/Value-Lines-24-million-Fraud-Scheme-ends-after-almost-20-years Todd Walker rwienke085 1 1 0 0 urn:com:businessweek:bx:article:3846527391396181453-421f4f0c9b41e49cf4e8cdc716b199b0 2009-01-06T02:52:00.000-05:00

Forum: Investment Scams Posted By: Neosteve Post Time: 01-05-2009 at 07:09 PM...

Forum: Investment Scams Posted By: Neosteve Post Time: 01-05-2009 at 07:09 PM... http://www.scam.com/showthread.php?t=71860&goto=newpost 133 133 0 0 urn:com:businessweek:bx:article:7257701884596835263-e19413e19cc19fabda4520c0fce38eb1 2009-10-23T12:04:50.728-04:00

Since Raj Rajaratnam's arrest on Friday, redemption requests at Galleon Management have exceeded $1 billion, amounting to over 1/3 of Galleon's total assets under management, according to the Wall Street Journal. With Galleon's future...

Since Raj Rajaratnam's arrest on Friday, redemption requests at Galleon Management have exceeded $1 billion, amounting to over 1/3 of Galleon's total assets under management, according to the Wall Street Journal. With Galleon's future... http://www.hedgetracker.com/article/Investors-Flee-Galleon-Management Todd Walker rwienke085 0 0 0 0 urn:com:businessweek:bx:article:1536315967893571947-7199b65ae4840ec0907b2be4af0e83dc 2009-10-20T23:25:57.046-04:00

The SEC has charged Ronnie Eugene Bass, Jr., Abner Alabre, and Brian J. Taglieri with fraud for operating a Ponzi scheme through their companies HomePals Investment Club and HomePals. The three South Florida residents are reported to have raised at least $14.3 million from April to December of 2008 from a community of Haitian-Americans living in Florida and New Jersey, with Mr. Bass “selling unsecured notes and promising to double investors’ money every 90 days,” according to an SEC press release...

The SEC has charged Ronnie Eugene Bass, Jr., Abner Alabre, and Brian J. Taglieri with fraud for operating a Ponzi scheme through their companies HomePals Investment Club and HomePals. The three South Florida residents are reported to have raised at least $14.3 million from April to December of 2008 from a community of Haitian-Americans living in Florida and New Jersey, with Mr. Bass “selling unsecured notes and promising to double investors’ money every 90 days,” according to an SEC press release... http://www.hedgetracker.com/article/HomePals-not-so-Friendly-to-Investors-Three-Indicted-in-Ponzi-Scheme Todd Walker rwienke085 0 0 0 0 urn:com:businessweek:bx:article:2472932546802071384-d646336fd13edcd9d3c32bd2062c154d 2009-10-19T15:41:40.260-04:00

Michael C. Regan, who was convicted of stealing $8.9 million from investors in a Ponzi scheme, was sentenced to 7 years by a federal court on Wednesday. Bloomberg reported that Mr. Regan, who operated his scheme through his Massachusetts-based River...

Michael C. Regan, who was convicted of stealing $8.9 million from investors in a Ponzi scheme, was sentenced to 7 years by a federal court on Wednesday. Bloomberg reported that Mr. Regan, who operated his scheme through his Massachusetts-based River... http://www.hedgetracker.com/article/Massachusetts-based-Ponzi-scheme-manager-sentenced-to-7-years Todd Walker rwienke085 0 0 0 0 urn:com:businessweek:bx:article:9242041757752051948-e291608fd3642778d36c0af771628320 2009-10-18T00:19:46.482-04:00

Raj Rajaratnam, the founder of hedge fund Galleon Management, was arrested Friday and charged with securities fraud and conspiracy to commit securities fraud, according to the Wall Street Journal. Mr. Rajaratnam, the 236th richest American on...

Raj Rajaratnam, the founder of hedge fund Galleon Management, was arrested Friday and charged with securities fraud and conspiracy to commit securities fraud, according to the Wall Street Journal. Mr. Rajaratnam, the 236th richest American on... http://www.hedgetracker.com/article/Billionaire-Galleon-Founder-Charged-with-Insider-Trading Todd Walker rwienke085 0 0 0 0 urn:com:businessweek:bx:article:10070406567073405669-c93a6fa3fc74593cc63019a4db44da38 2009-10-13T08:55:28.416-04:00

The SEC charged Florida-based technology company 3001 AD, three of its principals and three former sales agents this week for making fraudulent and misrepresentative offers to investors. The company’s principals include Jimmy L. Barker, Robert J.

The SEC charged Florida-based technology company 3001 AD, three of its principals and three former sales agents this week for making fraudulent and misrepresentative offers to investors. The company’s principals include Jimmy L. Barker, Robert J. http://www.hedgetracker.com/article/Fraud-Watch-A-Virtual-Reality-for-Investors Todd Walker rwienke085 1 1 0 0 urn:com:businessweek:bx:article:3185334306926052253-8e80c43270972e5d215b266298e7dd6e 2009-09-28T18:27:06.523-04:00

http://scams-xposed.blogspot.com David Spalding dspalding658 3 3 0 0 urn:com:businessweek:bx:article:9798480988687367713-b96e60f0799b815eb953b6adcceb8b22 2009-10-08T00:54:47.163-04:00

Teri Buhl released an exclusive report entitled "Bonita Bay Brawl: Are Club Members Victims Of Developer Lucas? The report details how developer David Lucas is being sued by its members in a complaint that evokes another...

Teri Buhl released an exclusive report entitled "Bonita Bay Brawl: Are Club Members Victims Of Developer Lucas? The report details how developer David Lucas is being sued by its members in a complaint that evokes another... http://www.hedgetracker.com/article/Another-Investor-Scam--David-Lucas-and-KeyBank-sued-by-Bonita-Bay-Members Todd Walker rwienke085 0 0 0 0 urn:com:businessweek:bx:article:9234818388514504438-7b6c350a1fb3e1060834c9cbf2031f8d 2009-03-29T04:47:07.382-04:00

Widespread internet scams and frauds have caused enormous damages to businesses, consumers and the economy. Here are 10 worst internet scams and frauds.

Widespread internet scams and frauds have caused enormous damages to businesses, consumers and the economy. Here are 10 worst internet scams and frauds. http://www.amlinkint.com/English/global_economy/internet_scam.html Jonathan Wang jwang145 26 23 1 2 urn:com:businessweek:bx:article:7783904607351765533-4dc713a4877d7142f61aa1bfd3f7825c 2008-10-07T09:48:00.000-04:00

...scam...

...scam... http://www.deaf-tube.com/video/1043/imperial-investment-scams 52 52 0 0 urn:com:businessweek:bx:article:7734487704238523044-eeac44ce552f877d1df074f9c5555f9f 2009-09-11T22:38:02.626-04:00

The SEC announced today that it had charged Philip G. Barry of Brooklyn, New York for operating a $40 million Ponzi scheme through his various firms: Leverage Group, Leverage Option Management Co., Inc, and North American Financial Services. Mr.

The SEC announced today that it had charged Philip G. Barry of Brooklyn, New York for operating a $40 million Ponzi scheme through his various firms: Leverage Group, Leverage Option Management Co., Inc, and North American Financial Services. Mr. http://www.hedgetracker.com/article/SEC-Halts-Leverage-Groups-40-million-Ponzi-Scheme Todd Walker rwienke085 2 2 0 0 urn:com:businessweek:bx:article:2028701248149898743-eeb9db2a95215dffe8917e298f68ef9c 2008-12-18T23:27:00.000-05:00

Forum: Investment Scams Posted By: BigFish246 Post Time: 12-18-2008 at 07:03 PM...

Forum: Investment Scams Posted By: BigFish246 Post Time: 12-18-2008 at 07:03 PM... http://www.scam.com/showthread.php?t=59523&goto=newpost 42 40 0 2 urn:com:businessweek:bx:article:7186443924394491059-91614d2d1538a4d1293a640f8374ac6c 2009-03-11T22:57:00.000-04:00

Forum: Investment Scams Posted By: webby1 Post Time: 03-11-2009 at 03:33 AM...

Forum: Investment Scams Posted By: webby1 Post Time: 03-11-2009 at 03:33 AM... http://www.scam.com/showthread.php?t=115816&goto=newpost 25 25 0 0 urn:com:businessweek:bx:article:16925711688642517828-dff21c8afb8e5b2ee40b67b333c629fd 2009-07-29T14:44:42.446-04:00

Bernard Madoff, the financier convicted for Wall Street's biggest investment fraud, was surprised his $65 billion Ponzi scheme was not uncovered sooner, he said in his first interview since entering prison

Bernard Madoff, the financier convicted for Wall Street's biggest investment fraud, was surprised his $65 billion Ponzi scheme was not uncovered sooner, he said in his first interview since entering prison http://finance.yahoo.com/career-work/article/107431/madoff-cannot-believe-fraud-lasted-so-long.html;_ylt=Al2FigR017jJ1xbOUABSdb.7YWsA?sec=topStories& Lauren Young lyoung404 6 1 0 5 urn:com:businessweek:bx:article:8229699892308857258-ea00039c8517d966a0482ebb3edacc93 2009-08-28T21:24:44.986-04:00

Last week, a U.S. District Court released the names of the entities that had invested in Marc Dreier's fraudulent securities. According to an article from Crain's New York, the victim list includes several renowned hedge fund managers: -Paul...

Last week, a U.S. District Court released the names of the entities that had invested in Marc Dreier's fraudulent securities. According to an article from Crain's New York, the victim list includes several renowned hedge fund managers: -Paul... http://www.hedgetracker.com/article/Marc-Dreiers-fraud-victims-include-Elliot-Associates-Fortress-Investments-Eton-Park-Asset-Management-and-Concordia-Advisors Todd Walker rwienke085 2 2 0 0 urn:com:businessweek:bx:article:17321283034030245841-daec71a6b38694107f4d0a815571e246 2009-08-06T21:13:31.965-04:00

Scams are always bad but to take advantage of those unemployed who are most vulnerable is beyond comprehension.

Scams are always bad but to take advantage of those unemployed who are most vulnerable is beyond comprehension. http://www.nytimes.com/2009/08/06/technology/personaltech/06basics.html?_r=1&em Thomas Huynh thuynh381 2 1 0 1 urn:com:businessweek:bx:article:13775696641354048279-08f94067eb404a2a85945c4eeafa2917 2009-07-09T17:37:55.879-04:00

Among the early fallout from the scandal involving Bernard Madoff’s Ponzi scheme and the general turbulence in the financial markets is a general recognition that the current bifurcated approach to regulating financial professionals who give investment advice—specifically, broker-dealers and investment advisers—may not be serving the best interests of investors. In recent years, changes in the financial services industry have blurred the distinction between broker- dealers and investment advisers in the eyes of investors, regulators, and financial professionals.

Among the early fallout from the scandal involving Bernard Madoff’s Ponzi scheme and the general turbulence in the financial markets is a general recognition that the current bifurcated approach to regulating financial professionals who give investment advice—specifically, broker-dealers and investment advisers—may not be serving the best interests of investors. In recent years, changes in the financial services industry have blurred the distinction between broker- dealers and investment advisers in the eyes of investors, regulators, and financial professionals. http://www.morganlewis.com/pubs/WSL_TheMadoffOpportunity_June2009.pdf Lauren Young lyoung404 1 0 0 1 urn:com:businessweek:bx:article:7460094149499419918-e36371349df3015306c4f6ff73a2fd43 2009-01-10T18:13:00.000-05:00

Forum: Investment Scams Posted By: BurnedinEugene Post Time: 01-10-2009 at 10:18 AM...

Forum: Investment Scams Posted By: BurnedinEugene Post Time: 01-10-2009 at 10:18 AM... http://www.scam.com/showthread.php?t=77823&goto=newpost 24 24 0 0 urn:com:businessweek:bx:article:7972992542668086843-daa18f41592f958b487be353d0cce5a6 2009-04-06T16:21:56.787-04:00

U.S. securities regulators charged a Toronto-based fund manager, who describes himself as the "Chinese Warren Buffett" and his hedge fund with operating a multimillion dollar investment fraud.

U.S. securities regulators charged a Toronto-based fund manager, who describes himself as the "Chinese Warren Buffett" and his hedge fund with operating a multimillion dollar investment fraud. http://www.reuters.com/article/domesticNews/idUSTRE5355E220090406 Shirley Brady sbrady224 8 5 2 1 urn:com:businessweek:bx:article:9936155000451131092-965894546f1eb9dc53b96d854413f968 2009-05-05T11:20:46.600-04:00

In a year of fabulous frauds, the one that glitzy Manhattan attorney Marc Dreier has been charged with is in some ways the most fabulous of all.

In a year of fabulous frauds, the one that glitzy Manhattan attorney Marc Dreier has been charged with is in some ways the most fabulous of all. http://money.cnn.com/2009/03/31/news/newsmakers/parloff_dreier.fortune/ Amy Feldman afeldman171 9 9 0 0