Archive for January 19th, 2009

Regulator Cites Uptick In Ponzi Fraud

“We are seeing an uptick in Ponzi scheme cases because, in this economic climate, new investors cannot be found to perpetuate the scheme. As these schemes collapse, the CFTC will move swiftly to prosecute those who harm innocent investors.” — Stephen J. Obie, CFTC “Run the other way” if someone promises you exorbitant investment returns, […]

Follow-Up: No Autosurf Cure For Struggling Newspapers

Our site has been serving more pages, fueled in large measure by readers’ interest in the AdSurfDaily case and our reports on Ponzi fraud and securities fraud. We got a mention in the Seattle Post-Intelligencer last week (and later on Google News, which picked up the P-I column) in response to our column on whether […]