Blog

Trust But Verify Personal Finance Advice

by Terry Savage

bigstock_Fraud_24432

When it comes to making money decisions, doubt and self-doubt are inevitable. After all, unlike many choices that are subject to whimsy and fate, financial decisions can be judged by their direct impact on your well-being, now and in the future. … Continue Reading

BBB Smart Investing

by Council of the Better Business Bureau

bigstock_Fraud_24432

nvestors lose millions every year to risky investments and fraudulent scams, and the problem is getting worse as more people manage their own retirement savings.

BBB, in partnership with the FINRA Investor Education Foundation, part of the Financial Industry Regulatory Authority, is here to help combat investment fraud and through the BBB Smart Investing program. … Continue Reading

BBB Smart Investing

by Better Business Bureau

Stock Fraud

Investors lose millions every year to risky investments and fraudulent scams, and the problem is getting worse as more people manage their own retirement savings. BBB has partnered with the FINRA Investor Education Foundation, part of the Financial Industry Regulatory Authority, to help combat investment fraud and through the BBB Smart Investing program. … Continue Reading

Investment Fraud and Elder Abuse: Trusted Agent Steals from Elderly

by Barry Zalma, Esq., CFE

Stock Fraud

Jasmine Jamrus-Kassim, a former independent insurance agent who sold annuities for Bankers Life and Casualty Co was sentenced to more than six years in prison for stealing more than $1 million from her elderly clients. Jamrus-Kassim was arrested in March 2011 after an investigation by Washington Insurance Commissioner Mike Kreidler’s special investigations unit found that she had taken $1.05 million from five clients. … Continue Reading

Investment Fraud: The Bigger They Are, the More Damage They Do

by Barry Zalma, Esq., CFE

cybercrime

Minor Vargas Calvo, 60, who was president of Provident Capital Indemnity Ltd. was convicted by a federal jury in Virginia. Calvo, a former Costa Rican insurance executive was convicted of all counts in a $485 million fraud scheme in which he was accused of lying to clients and investors about the financial stability of his company.

Calvo and Provident sold bonds guaranteeing funding for … Continue Reading

← Older Posts

More from our blog

Santawithcreditcard
Social Media Gift Exchange is Really a Scam

It may only be November, but scammers are already taking advantage of holiday goodwill. The latest seasonal scam is a gift exchange that’s actually a pyramid scheme. Look out for this con on Facebook, Instagram and other social sites.

How the Scam Works: … Continue Reading

Honor Vets
Veterans’ Pensions – Protect Your Money From Poachers

Veterans and their families are a target for some dishonest advisers who are claiming to offer free help with paperwork for pension claims. The scheme involves attorneys, financial planners, and insurance agents trying to persuade veterans over 65 to make decisions about their pensions without giving them the whole truth about the long-term consequences. … Continue Reading

Little Girl iPad
Child Identity theft is becoming Solvable

You’ve seen TV commercials and print ads about identity theft, and the “victim” is always an adult. That’s not realistic. The actor-portrayal should be that of a child. Yes, a kid.

Children are 51 times more likely than adults to have their identity stolen, says research from Carnegie Mellon University’s CyLab. … Continue Reading

Privacy Policy

FraudAvengers.org appreciates your readership and values your personal privacy.

We respect all personal information you provide on our site and acknowledge the importance of protecting this information.

Continue Reading

Sign-Up For Our eNewsletter