Entries Tagged as 'great moments in fraud'
February 13th, 2009 · Comments Off on Great Moments in Fraud, Part II
On the heels of yesterday’s YBM Magnex post, let us now cast our fraud-seeking eyes southward toward Colombia, where 700,000 small investors have apparently lost everything in a blatant Ponzi scheme. The scam’s architect is David Murcia Guzman, who claims he’s a) misunderstood and b) a champion of the poor. Sounds like a regular Rod […]
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Tags:Colombia·great moments in fraud
February 12th, 2009 · 1 Comment
It comes as no surprise that the FBI is swamped with financial fraud cases nowadays. I knew this day of reckoning would someday come while watching The Real Housewives of Orange County on JetBlue a few years back. No financial system that could support such in-your-face opulence could possibly be on the up-and-up. (I remember […]
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Tags:crime·great moments in fraud·Russia·Semion Mogilvech
