Ponzi Scheme

Why You Shouldn't Spend Your Stimulus Check

Max Keiser | Posted 04.27.2008 | Business


Max Keiser

If every American said, "No thank you" to Bush's stimulus check and refused to cash them, the value of the dollars in your pocket right now would go up by a factor greater than the face value of the check.

Calif. Man Gets 28 Years in Senior Scam

AP | GREG RISLING | Posted 02.22.2008 | Business


LOS ANGELES — An 81-year-old man was sentenced to 28 years in prison Friday in an investment scam that prosecutors say seeped across half the co...

Wal-Mart's Self-Dealing Income Tax Scam North Carolina Court Tosses Out $33.5 Million Case

Al Norman | Posted 01.08.2008 | Business


Al Norman

In its latest ploy, Wal-mart has targeted state taxpayers in a convoluted Ponzi scheme that leaves the retailer looking like a common tax deadbeat.


 

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