Tag Archives: investment scams

Senior Citizens Targeted for Investment Scams

Over 80% of the private wealth in the United States is held by those that are 55 and older. Senior citizens maintain the most wealth and are the most likely to be targeted for an investment scam.  Many seniors are … Continue reading

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80% of People Targeted by Investment Scams

Yahoo news reported a shocking statistic.  Almost 80% of US adults have been targeted by an investment scam.  FINRA conducted the poll and found that 40% of the people surveyed were unable to recognize the classic red flags of an … Continue reading

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Childrens’ Courses Pyramid Scheme Busted

SEC Busts Pyramid Scheme for Investing in Online Childrens Educational Courses   The SEC froze the assets of five entities that collectively went by “CKB” and “CKB168”.  A string of international organizations participated in this world wide Ponzi scheme that … Continue reading

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Ponzi Scheme in Indianapolis

The Securities and Exchange Commission (SEC) filed charges against Indianapolis resident, John K. Marcum, and his company Guaranty Reserves Trust, for defrauding investors in a Ponzi scheme that specifically targeted retirement accounts. The SEC was also able to obtain an … Continue reading

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Colorado Man Indicted for Securities Fraud

  Colorado Man Indicted for Securities Fraud In Colorado Springs Robert Allen Zickefoose, 48, was indicted by a grand jury on seven counts of securities fraud and theft, for allegedly perpetrating a scheme by which he defrauded investors of over … Continue reading

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