November 18, 2021
Home Archive by category Scam/Fraud (Page 4)

Make your money more exciting — by keeping it boring

The idea of gaining wealth in flashy ways isn’t new. After all, Charles Ponzi, for whom Ponzi schemes were named, defrauded investors more than 100 years ago with a get-rich-quick scheme built on a foundation of lies. Today, speculative investments, multilevel marketing companies and other risky efforts to turn a profit still lay seductive traps.Yo...

Ex-official, pawnbrokers indicted in scheme

NEWARK — A former government official and two pawnbrokers were indicted on Friday in connection with a scam that helped the businessmen acquire and then redevelop city-owned properties, according to acting U.S. Attorney Rachael Honig.Carmelo García, the official, and Irwin Sablosky and Frank Valvano Jr., who co-owned a jewelry business, each face m...

Fake Fire Chief Scams Business In Rye With Bogus Inspection, Fee; ‘It’s Something That Everyone Should Be Looking Out For’ – CBS New York

RYE, N.Y. (CBSNewYork) – Police in suburban Rye are attempting to identify an accused phony fire chief.He scammed a local business and may strike again.READ MORE: Police Arrest Man With 37 Prior Arrests In Connection To Attempted Burglary In The BronxAs CBS2’s Tony Aiello reports, it happened around closing time Friday, Oct. 8, at Playa Bowls in do...

FBI: $7.6M COVID Relief Scam Rooted In The Hudson Valley

MOUNT VERNON, NY — Two Mount Vernon residents are accused of taking part in a scheme that saw more than 1,000 fraudulent U.S. Small Business Administration Economic Injury Disaster forgivable loan applications submitted. Federal prosecutors said the operation netted more than $7.6 million in ill-gotten gains. "Today's defendants have become the la...