New Resource for Fraud Victims For fraud victims, there's a new resource available that might be worth exploring to see if it could help you achieve results in your case. It's called the JVP, which stands for the Justice for Fraud Victims Project. It's part of a university and is a project that collaborates with law enforcement and fraud investigators, giving victims the possibility of recovering some of their losses. History of the Justice [...]
Understanding Online Scams: Recognizing the Patterns and Protecting Yourself If you find yourself watching this video, chances are you've already fallen victim to an online scam. Whether it's a fraudulent investment in crypto, real estate, or some other Ponzi scheme, the patterns of these scams are remarkably similar. In this blog post, we'll delve into the typical scenario of these scams, discuss the recovery of funds, and provide insights on what to do and [...]
Online Fraud and Scams: Protecting Yourself and Your Loved Ones Today we're going to talk about online fraud and scams, especially those targeting the elderly and older people. Even if you're not elderly or an older person, the fraud schemes being perpetrated on large volumes of people in the United States have become an epidemic, and it's now become an enterprise-level business for these scammers overseas. We're going to talk about how to prevent [...]
Inquiry About Fraud and Scams The most common type of inquiry we get in our investigative division has to do with fraud and scams and Ponzi schemes. We get over 100 calls a day, more than half of them are people that have been scammed out of money, usually because of some Bitcoin scam, an employment scam, a pay-for-activity scam, and they put in money. It usually starts with a little bit, and then [...]
Corporate Fraud and Embezzlement Here's another troubling case of corporate fraud and embezzlement where a bookkeeper at a company, a relatively small company, stole over a million dollars from their employer over the course of three or four years. There are a lot of takeaways from this, not only the fact that the person stole money and they could have been caught earlier, but what are the ripple effects of this? What effects does [...]
Fraud and Investigations A lot of you write in asking about where you can get information on fraud and investigations if you want to do some of this work yourself. I recommend an excellent book to you it's called *Anatomy of a Fraud*, and it's written by a very highly experienced and qualified fraud examiner named Steven Penno. Steven and I have been colleagues in the past. He is a very experienced and highly [...]
Beneficial Trusts and Wills One of the most common questions we get is about being able to search for a beneficial trust or will when a person is a member of a family and somebody is deceased in that family. You may have an interest in finding out if you have any beneficial assets coming to you, whether it's bank accounts, real estate, vehicles, corporate assets, or any other type of beneficiary items that [...]
Phantom Debt Explained So what is phantom debt, how can it hurt you, and how do you get rid of it? A great article from CNBC came out this week about phantom debt starting to raise its ugly head. Phantom debt is a term that's assigned to loans, obligations, or debts that happened before that have long since been considered dormant or sometimes considered gone, and now they're popping back up. Historical Context Remember [...]
Do Online Scammers Get Caught? So do online scammers get caught? Well, here you go: 4,000 people were arrested in a huge crackdown on online scams. They seized $250 million in assets high-end vehicles, bank accounts a lot happened in this operation. Types of Scams And how do these people execute their scams? They use phishing schemes, investment fraud, romance scams, and impersonation scams. As a victim, I'm sure that one of these is [...]
Do Ponzi Schemers Get Caught? Do Ponzi schemers get caught? Yes, they do. Do they get convicted? Yes, they do. Do they face consequences? Yes, they do. Here's one who got seven years in prison seven years in prison for a Ponzi schemer. And sometimes it takes a while, but one of the questions we get a lot from victims is: do these people ever get caught? Does anything ever happen to them? Well, [...]
