New Jersey Division of Consumer Affairs
PP Blog Tag archives on references to "New Jersey Division of Consumer Affairs."
UPDATE: New Jersey Issues Investor Alert On ‘Profitable Sunrise’
New Jersey has joined numerous U.S. states in issuing an Investor Alert on the Profitable Sunrise HYIP “program.” Separately, Alabama has issued a cease-and-desist order. The state previously issued an Investor Alert. With New Jersey’s action, the unofficial total of U.S. states or Canadian provinces issuing Investor Alerts or cease-and-desist orders now stands at 25. […]
New Jersey AG Says Firm Was Running $40 Million Ponzi Scheme; Carr Miller Capital LLC’s Advisory Registration Revoked; Investigators Charge That Firm Used Millions To Buy Cars And Luxury ‘Sky Box’ For Hockey Games
KABOOM! Carr Miller Capital LLC, its associated advisory busineses and its principals have been stripped of their advisory registrations and charged in New Jersey with operating a Ponzi scheme that sold unregistered securities and gathered at least $40 million, state prosecutors said. At least $36 million of the $40 million came from individuals or IRAs […]
Feds Charge Husband And Wife In Alleged Work-At-Home Scheme; Philip Pestrichello Is Recidivist Offender
EDITOR’S NOTE: Recidivism, the tendency to continue committing crimes or breaking laws even after getting caught and perhaps even going to prison, is a common theme in the scam universe. It has been an element in many recent cases we’ve written about, including the AdSurfDaily Ponzi scheme case (principals Andy Bowdoin and Clarence Busby had […]