America is the land of opportunity – everyone knows that. Unfortunately, for a growing number of Americans, it is also the land of swindles, scams, cons and frauds. According to a recent Louis Harris Poll, 9 out of 10 Americans are hit by scammers each year. We are all susceptible to scams. This is the reason for publishing ScamNews, an informative, entertaining newsletter designed to show you how these fraudulent activities are perpetrated on the public. The material we have chosen to use comes from many sources, including the following:
. Real con artists, men and women, who reveal the secrets behind their plans to relieve you of your money and otherassets.
. Criminals in prison. We talk to people behind bars who tell of scams and fraud that led to their prison time. Some of their scams are old, some are as recent as the 6 o’clock news.
. Prosecutors, police, judges and attorneys.
We describe law citings from cases of scammers caught in the act. They give descriptions of the crimes, sentences received, and potential profit as well as potential loss to the victims. The final two sections will come from the readers. Business Scams will be from people who have been encouraged to swindle consumers as part of their job ‘duties’. While many of these practices are borderline legal, the majority are not. As one business owner put it bluntly, “Every dollar out of your pocket is a dollar in mine.” Reader Stories is as the name implies. Material is supplied by the average consumer and/or swindler. We encourage readers who have been victimized by scams and con- artists to write their own stories and submit them. While it probably won’t get you your money back, it may help save someone else from being conned. ScamNews is especially interested in getting stories from people who have committed cons. After all, that is where it begins.
We realize, of course, that not everyone who has pulled off a scam is a career shyster. Some do it out of financial need and it’s a one-time shot, others are inadvertently conned into helping a pro do his thing. These stories are written and edited for our readers’ protection. Names are never used except with the subject’s permission or in cases that have been resolved in the courts. Read the rest of this entry »