Archive for March 31st, 2011

A FLORIDA TRIFECTA: FTC Goes To Federal Court To Halt ‘Timeshare’ Telemarketing Scheme; ‘When Consumers Realized They Had Been Duped, The Defendants Routinely Dodged . . . Phone Calls,’ Agency Says

A FLORIDA TRIFECTA: FTC Goes To Federal Court To Halt 'Timeshare' Telemarketing Scheme; 'When Consumers Realized They Had Been Duped, The Defendants Routinely Dodged . . . Phone Calls,' Agency Says

BULLETIN: Even as the SEC and CFTC were charging alleged Ponzi schemers and “precious-metal” fraudsters in Florida yesterday, the FTC was preparing to announce charges against an alleged “timeshare” telemarketing scheme operating in the Sunshine State. Charged by the FTC in the alleged timeshare scam were Albert M. Wilson, David S. Taylor, Frank M. Perry […]

INCREDIBLE: Florida — AGAIN: CFTC Charges Ft. Lauderdale Firm, Principals In Alleged Precious-Metals Scam; ‘Defendants Never Held Or Acquired Any Metals,’ Agency Says

INCREDIBLE: Florida -- AGAIN: CFTC Charges Ft. Lauderdale Firm, Principals In Alleged Precious-Metals Scam; 'Defendants Never Held Or Acquired Any Metals,' Agency Says

On the same day the SEC announced charges against two residents of South Florida in an alleged $30 million Ponzi scheme, the CFTC went to federal court and accused two other residents of the region of conducting a precious-metals scheme. Charged by the CFTC were James A. Ward of Ft. Lauderdale, and Nathaniel R. Walker […]