Archive for ‘April, 2010’

Affinity Fraud…

WednesdayApr 21,2010
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Finally – a term for how these scams are able to operate, defying good sense and logic. It’s called “affinity fraud”. Here is the U.S. Securities and Exchange Commission’s definition of affinity fraud: Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as [...] Read more »

Does This Sound Familiar?

FridayApr 2,2010
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This story featured on NBC’s “Today Show” this morning. Daughter turns mom in for Ponzi scheme ‘Something had to be done,’ about $50 million fraud, she said on TODAY I was struck by how similar this tale is to the same stories received at MadeSmall by victims of TMII’s MadeBig scam. Although the [...] Read more »