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News stories tagged with "scam"

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State Attorney General issues fraud alert in Watertown
The company promises loans regardless of credit history, but fails to provide any services once the victim has wired money.
(09/28/11) The office of New York Attorney General Eric Schneiderman today issued an alert about a phone scam targeting residents of Watertown. A spokesman says three victims so far have contacted the office and have each lost between $300 and $700 to the scam. Joanna Richards reports. more

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AG settles Watertown soldier scam
I'm glad these scam artists were shut down before they could do this to anyone else.
(08/17/11) New York state Attorney General Eric Schneiderman was in Watertown yesterday to announce a $3.5 million settlement in a scam targeting soldiers with the sale of electronics. Soldiers who still owe money to the company will be relieved of their debts and have their credit histories repaired.

But those who already paid lost thousands of dollars to the scam. About 1,000 soldiers were affected. Joanna Richards was there and has this report. more

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Pyramid Scheme Victimizes Women
Stream audio (broadband). Launch in player | Download audio (dial-up). Right-click to save target as. Download audio (4:42)
(04/26/01) An illegal pyramid scheme called "Women Empowering Women" is drawing in hundreds of thousands of dollars from North Country women. As David Sommerstein reports, most will lose.
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The reputations of JPMorgan Chase, Morgan Stanley and Goldman Sachs have all been taken down a notch or two in recent days and months. If you're keeping up, the latest black eye came in the wake of last week's flubbed Facebook IPO.
 
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