New York Daily News Madoff Victims Join Stanford Investors to Lobby for Payback BusinessWeek The scam funneled money from new clients to pay returns to earlier investors. Both groups of victims want the Senate measure to require brokerage firms, … Bogus site targets Madoff victims, agency says Reuters SEC charges Madoff's director of operations with falsifying accounting records … Lexology (registration) Faux website looks to scam Madoff victims Daily Caller all 229 news articles

Job Seekers Fear They Fell For Scam WFMY News 2 The BBB reminds job seekers to be careful when looking at jobs online since it can be difficult to check the validity of the business. and more

Jamaica-based cell phone scam costly to residents Carlsbad Current Argus Then she went online to check her Sprint mobile phone account – and discovered that she owed $3416. Alvarez then went down to the Carlsbad Sprint retailer, … and more

Tampa Tribune First-timers should use Free File to prepare, e-file federal tax returns Weakley County Press New taxpayers can check out Free File at www.irs.gov/freefile where they can review about 20 software options. Each participating tax preparation software … Could some of the IRS's $1.3 billion in unclaimed tax refunds belong to you? WalletPop (blog) all 162 news articles

Two Arrested in Fake Check Scam KLFY On March 9, 2010 at approximately 03:00 pm the Iberia Parish Sheriff's Office received a complaint of individuals cashing and attempting to cash forged …

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Two Arrested in Fake Check Scam – KLFY

Twin Tiers residents should beware of the latest scams Elmira Star-Gazette The Steuben County Sheriff's Office is warning cell phone users about a scam involving callers who claim to be from banks. The sheriff's office said it has … and more

WNCT Phone companies top Oregon consumer complaint list Longview Daily News To help avoid scams or bad business practices, his office has set up a new search engine to help Oregonians check on complaints and companies at … Consumer Complaints Up Nearly 20 Percent WFMY News 2 all 50 news articles

Lexington Herald Leader Lexington, state police focus on counterfeit check racket Lexington Herald Leader We don't believe they were caught up in this scam … but we're not sure,” she said. Two of the four people arrested in Georgetown had tried to cash a … Police Search For Women Who Allegedly Cashed $40K In Bogus Checks LEX18 Lexington KY News all 9 news articles

New: Search Oregon consumer complaints online KTVZ “In this recession, scam artists and crooked companies are targeting seniors and people who have lost their jobs and their homes,” Kroger said. … and more

Berrien Co. woman wants to warn you about scam WALB-TV A $150 investment would result in a $550000 prize. That's the deal a caller offered a Berrien County woman who supposedly won a sweepstakes. … and more

Credit.com News Protect yourself from scams WALB-TV Some say he has won a million dollars, or could help some troubled people, if he sends a check to pay for taxes or fees. “If they get the check , … Consumers urged to take caution to avoid scams Deseret News Online learning opportunities featured for National Consumer Protection Week 2010 Stamford Plus Magazine Get the facts on “Dollars and Sense” during National Consumer Protection Week, Duluth Weekly all 46 news articles

Phone Scam Targeting Huntsville Business Owners KBTX Luckily, he was able to cancel the check in time. The police department says you'll find numerous complaints against the company online, even from former … and more

Police: Swindlers posing as sweethearts Gaston Gazette “They'll have multiple scams going at once. You may not even be talking to the same person each time.” When in doubt, police say, check it out. … and more

Miami Real Estate Investors Charged With Running $135 Million Ponzi Scam Real Estate Channel (MIAMI, FLORIDA) — A Miami firm promoting Florida real estate investments was actually running a $135 million Ponzi scheme, the Securities and Exchange …

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Miami Real Estate Investors Charged With Running $135 Million Ponzi Scam – Real Estate Channel

Temporary safety net or permanent entitlement program? That’s the question some conservative voices are asking as Congress eyes yet another filing extension for federal unemployment benefits. The Washington Post reports : [C]omplaints that extending unemployment payments discourages job-seeking have begun to bubble into the political debate. [Arizona GOP Sen. Jon] Kyl told the Senate he questioned why anyone would see unemployment benefits as helpful to the economy, or to the job market. ”If anything, continuing to pay people unemployment compensation is a disincentive for them to seek new work,” Kyl said. “I am sure most of them would like work and probably have tried to seek it, but you can’t argue it is a job enhancer.” Conservative employment experts are now weighing in with a similar message. James Sherk, a labor economist at the Heritage Foundation, for example, told the Post that the extension of emergency benefits — which now run for 99 weeks in high-unemployment states — have turned a safety net program into something more like welfare. “It is appropriate and natural for Congress to extend the time limit of unemployment insurance with the job market as bad as it is,” Sherk said. “But by quadrupling it, it is no longer an unemployment insurance program but a welfare program.” Two thoughts: 1) The critics aren’t wrong to question the very human motivational effects that indefinite federal payments could have on some workers. (No doubt there are folks out there only too happy to be paid for doing nothing — and would continue to do so as long as they could.) Yet there’s also a general agreement among economists of all stripes that the current jobs crisis has endured because businesses simply aren’t hiring — not because of some pandemic of laziness among workers receiving emergency help. Indeed, the average UI check is just 36 percent of a worker’s previous salary, according to the National Employment Law Project — hardly enough for many recipients to pay mortgages, make car payments, keep the kids in Nikes, and generally sustain the type of consumptive lifestyle that the nation’s economy hinges on. To say that folks would be satisfied enough with such a pay cut to retire on UI checks is to wholly misunderstand the motivations that make our very system of capitalism click. As Peter Morici, economist at the University of Maryland, wrote last week: “When dollars leave the United States to purchase imports and do not return to purchase exports, Americans cannot sell all they make — be it manufacturers, software makers, movie producers, or clean shirts from the corner laundry.” It’s these trade imbalances, Morici argues, that are exacerbating the jobs crisis, which has left 16.8 percent of workers either without a job or underemployed. Not that Congress shouldn’t be addressing such deeper structural problems in the economy, of course. But meantime, critics of a UI extension should be called out when they try to shift the blame to the unemployed simply because American companies have found higher profit margins in outsourcing. (Kyl, for one, seems to recognize some of this. Despite his reservations with the UI extension, the Arizona Republican eventually voted last week in favor of a short-term filing extension.) 2) Kyl’s claim that UI benefits aren’t a job enhancer flies in the face of economic experts who point out that those payments provide more bang for the buck than nearly all other forms of economic stimulus. Analysts at Moody’s Economy.com, for example, estimate that every $1 that Washington spends on UI benefits returns $1.61 to the larger economy — a far cry from the 21 cents per $1 returned by the corporate tax break (popular among conservatives like Kyl) that Congress enacted in the name of stimulus last fall. “Without this extra help,” the Moody’s analysts wrote of UI benefits, “laid-off workers and their families would be slashing their own spending, leading to the loss of even more jobs.”

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Jobless Benefits as Entitlement

New York Daily News Bogus site targets Madoff victims, agency says Reuters … serving a 150-year prison sentence after pleading guilty a year ago to orchestrating Wall Street's biggest investment fraud of as much as $65 billion. … Madoff Victims Can Appeal Ruling on Paying Claims, Judge Says BusinessWeek SEC charges Madoff's director of operations with falsifying accounting records … Lexology (registration) all 214 news articles

BBC News Gambler warned he faces jail over £34m pyramid scheme BBC News A professional gambler has been found guilty of running a £34m pyramid scam that targeted people on low incomes. Kevin Foster, 51, of Doddington, in Kent, … and more

ATTORNEY GENERAL MADIGAN OFFERS RESOURCES TO PROTECT SENIORS IN TOUGH ECONOMIC … LoanSafe … communities about how to avoid consumer scams , including debt settlement traps, fake check cashing scams , risky reverse mortgages and health care fraud . … and more

City police investigate counterfeit money scam Delmarva Now Police are asking businesses to check bills by holding them up to the light and look for the watermark and authentication stripe instead of using a pen. … and more

Lottery scam surfaces in Sumter Villages Daily Sun All you have to do is cash a check — which is conveniently enclosed with the letter — and wire most of it to your claim agent, who happens to be in Canada, …

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Lottery scam surfaces in Sumter – Villages Daily Sun

Crown simplifies case against five fraud suspects CTV.ca The Crown has reduced the number of charges against five former employees of the Norbourg investment firm to 607 from 722. Prosecutors hope the decision … and more

Orissa mining scam runs to Rs 3 lakh crore: Congress Economic Times The Orissa government has also failed to check violation of Mines and Minerals Development Regulation Act by some mine owners who extracted minerals beyond … and more

Prosecutors Seek Three Centuries For Petters FINalternatives In October, Lancelot Investment Management founder Gregory Bell pleaded guilty to mail fraud , admitting he co-engineered a series of bogus “roundtrip” … and more

Police shine spotlight on knock-offs CHQR RCMP are warning the public about a scam that may be flying under the radar. This month there is lots of talk about identity theft, investment fraud and …

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Police shine spotlight on knock-offs – CHQR

$7.3m conman faces 170 years in jail This is Nottingham A CONMAN from Nottingham faces up to 170 years in an American prison after being convicted of a £4.8m investment scam . Jurors took just 20 minutes to find …

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$7.3m conman faces 170 years in jail – This is Nottingham