Anatomy of (Yet Another) Hedge Fund Fraud Forbes (blog) With the greatest of reluctance and only after repeated requests, I agreed to review his investment in the fund. Why was I so reluctant? … and more

Putnam couple admits guilt in real estate scam Charleston Gazette In turn, 100X — a Salt Lake City-based real estate investment group that was linked to Joyce — convinced a would-be investor to buy the property for … and more

A glimmer of good news in the monthly Job Openings and Labor Turnover Survey released today: In July, there were more job openings than in June — the first positive month-on-month change since April. The number of advertised gigs rose 6.2 percent, to 3 million. (In Dec. 2007, before the recession started, there were 4.4 million available positions.) Moreover, the ratio of workers looking for jobs to job openings turned down again, and now stands about 4.8 versus a high of 6.2. The higher the ratio, the greater the competition for available jobs. Here is a graph of the monthly ratio from the Economic Policy Institute: That said, any improvement in the jobs market has been slight. And the jobseekers-to-jobs ratio has drifted lower at least in part because hundreds of thousands of discouraged workers have left the labor market (and therefore do not count in government data). EPI’s Heidi Shierholz notes: [I]f we were to include not just the 14.6 million officially unemployed workers, but also the 2.6 million “marginally attached” workers (jobless workers who want a job, are available work, have looked for work in the last year but have given up actively seeking work and are therefore not counted as officially unemployed), the ratio would be 5.7-to-one.

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Job Seekers v. Jobs

Wonkbook: Stimulus reax; Mitch Daniels' plan; Obamas opposes tax cut extension Washington Post (blog) The SEC was unable to figure out Enron was a scam until the stock had already crashed from $90 to $20, and only a month ahead of the company's bankruptcy. … and more

Wonkbook: Stimulus reax; Mitch Daniels' plan; Obamas opposes tax cut extension Washington Post (blog) The SEC was unable to figure out Enron was a scam until the stock had already crashed from $90 to $20, and only a month ahead of the company's bankruptcy. … and more

PR Web (press release) Outrageous Resume Lies, Frauds, and Employment Scam Artists Revealed in Free … PressReleaseNetwork.com (press release) Subscribers are advised to check the accuracy of all press releases and to obtain their own professional advice in relation to such information. Outrageous Resume Lies, Frauds, and Employment Scam Artists Revealed in Free … Online PR News (press release) all 11 news articles

Embattled Kansas AD Perkins retires The Associated Press But the past year brought scandal and setback, starting when federal authorities began an investigation into a ticket scam allegedly run by members of … and more

Four seniors victims of alleged insurance scam Toronto Sun The victims believed they were buying an insurance investment , such as segregated funds, “when in fact all the money went into the personal bank account … and more

BBB Reports Fraud Against Seniors on the Rise PRLog.Org (press release) … about 20 percent of the population aged 65 or older – have been cheated in investment scams , fake lotteries and deceptive sales to name a few. … and more

Daily Mail Jailed vicar Alex Brown carried out 360 sham marriages in 4 years Daily Mail Led out of court in handcuffs, the vicar at the centre of Britain's biggest ever fake wedding scam was taken away to start a four-year jail … Vicar jailed over sham marriages Independent Vicar jailed over bogus marriage scam Channel 4 News UK minister jailed for 4 years over sham marriages The Associated Press all 364 news articles

Invest wisely by learning from the errors of others Calgary Herald Investors can also call the ASC at 1-877-355-4488 to find the enforcement history of the seller of an investment. “No one is immune to investment fraud ,” … and more

Your weekly ScamWatch Los Angeles Times (blog) … Federal Trade Commission and other agencies warn consumers to avoid investments that sound too good to be true. Recycler denies fraud charges: A San …

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Your weekly ScamWatch – Los Angeles Times (blog)

SC asked to order NBI to check tax scam evidence Manila Bulletin … (NBI) to examine the evidence that was used as basis in filing a plunder case against one of the suspects in the multi-million-peso tax credit scam . … and more

Scam slams county Roanoke Rapids Daily Herald … many of the scam calls are being made during non-banking hours. Young advised his staff will be in the office Tuesday if customers would like to check … and more

Victoria woman avoids scam Victoria Advocate A couple of weeks ago, we discussed a Craigslist related counterfeit check scam that nearly cheated a lady out of thousands of dollars. …

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Victoria woman avoids scam – Victoria Advocate

Lawyers and Settlements Securities Fraud Stings Delaware Woman for Over $300000 Lawyers and Settlements When the promised return on her investment didn't materialize, the victim reached out to others whom she supposed had also lost money in the venture. … and more

Sellers targeted by scam [The Mountaineer, Waynesville, N.C.] Insurance News Net (press release) “That's how the scam artist gets the money is the check is going to come back (bounce), and the bank is going to take the money from you,” he said. … and more

West Mifflin man sentenced for investment scam Pittsburgh Post Gazette A resident of West Mifflin has been sentenced in federal court to 46 months in prison for his conviction for a fraudulent investment scheme. …

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West Mifflin man sentenced for investment scam – Pittsburgh Post Gazette

Christina Romer, leaving her position as the head of the White House’s Council of Economic Advisers this week, gave a flash response to the jobs report released this morning, which showed a slight rise in the unemployment rate. She focused, as the administration has focused for months, on private-sector jobs creation, which remains existent if too slow to bring down the unemployment rate. She notes that the Bureau of Labor Statistics improved reports for June and July, and that more than half a million people rejoined the labor force. The number of long-term unemployed also declined — though it is not clear whether they did so because they found jobs, or because they stopped looking for jobs. Additionally, she stressed that the jobs report indicates that the economy seems to be improving slowly, rather than deteriorating. Had the unemployment rate tracked up to 9.8 percent, or had private employers shed workers rather than adding them, fears of a double-dip would not been unwarranted. Here is the full text of her analysis: Today’s employment report was better than expected. Private sector payrolls increased by 67,000 in August — the eighth consecutive month of private sector job growth. This growth is consistent with other recent data reports indicating that the economy is continuing to recover, albeit at a somewhat slower pace than in the early spring. The rate of job growth, however, is not as large as needed to bring the unemployment rate down quickly. Indeed, the unemployment rate rose one-tenth of a percentage point to 9.6 percent, as more than half a million people joined the labor force. The President continues to work with his economic team and with Congress to identify measures that could help speed the recovery and put the economy on a path of steadily declining unemployment. In addition to the rise in August, the estimates of private sector job growth for June and July were revised up by a total of 66,000. Since last December, private sector employment has risen by 763,000. Despite the rise in private sector employment, overall payroll employment fell by 54,000, as 114,000 temporary Census jobs were eliminated. Private sector payrolls expanded in a number of sectors, including education and health services, construction, and temporary help services. Manufacturing employment fell 27,000 in August; much of this drop likely reflects the fact that manufacturing employment in July was elevated because General Motors chose to forgo its usual two-week shutdown. The manufacturing ISM Report on Business released on Wednesday indicated stronger employment growth in manufacturing in August than in July. State and local government payrolls declined by 10,000 in August, consistent with continuing budget difficulties in many states and localities. In the household survey, the number of people employed rose by 290,000. But, because the labor force rose by 550,000, the unemployment rate ticked up to 9.6 percent (from 9.5 percent in July). The employment-to-population ratio also rose one-tenth of a percentage point (to 58.5 percent), indicating that in the household survey employment growth more than kept up with population growth. In addition, the number of workers who have been unemployed 27 weeks or longer declined sharply, from 6.57 million to 6.25 million. Against the backdrop of some unsettling economic data in the past few weeks, today’s numbers are reassuring that growth and recovery are continuing. At the same time, the fact that the growth of private sector payrolls is below the level needed to keep up with normal growth of the labor force is obviously unacceptable. There are a number of step we could take to help increase private sector job growth and put the economy on a path of steadily declining unemployment. We will be working with Congress on these measures in the coming weeks. There will likely be bumps in the road ahead. The monthly employment and unemployment numbers are volatile and subject to substantial revision. Therefore, it is important not to read too much into any one monthly report, positive or negative. It is essential that we continue our efforts to move in the right direction and encourage robust job gains.

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The White House on the Jobs Report

Get Business Alerts Huffington Post (blog) I have been trying to alert the public to the great Social Security scam ever since I first discovered it more than a decade ago. … and more

Niche-Market Madoff Duped Law Enforcement Agencies in Ponzi With a Twist Bloomberg Research has shown that males between the ages of 55 and 64 — the bulk of McLeod's client list — are the most typical investment – fraud victims, … and more

Thousands left penniless after collapse of Ponzi scheme Independent Many families had pooled their investments , meaning that up to a quarter of the nine-million strong population has been directly affected by the scam . …

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Thousands left penniless after collapse of Ponzi scheme – Independent

Guilty Plea in $535 Million Ponzi Scams Courthouse News Service SHERMAN, Texas (CN) – A Dallas man pleaded guilty to conspiring to defraud investors of more than $535 million in oil and gas investment … and more

Bric stocks lag EM; losses similar to developed mkts; Bric stocks creeping into global portfolios; Brics more leveraged to world growth

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Brics – victims of success with global investors

Scam Alert: Sure, I use Facebook, but I still want some privacy IdahoStatesman.com Facebook users, I'm beginning to think you need to check your privacy settings at least once a week. New features and new options present new opportunities … and more

Ponzi scheme shakes West African nation of Benin The Associated Press Many lost months to years of savings in the scam . Electrician Lambert Saizonou, 40, planned to use his investment earnings to buy his first house. … and more

Today, Christina Romer leaves her post as the head of the Council of Economic Advisers to return to the West Coast. The economist was among the most liberal in the White House, routinely pushing for more stimulus and government aid to help the ailing economy. In her last remarks as an administration official, to be given at 1 p.m., Romer plans to argue that intervention prevented the country from falling into another depression, but also to call for more spending to gin up the recovery. “Given our long-run fiscal challenges, any additional support should be done in a responsible way,” she will say, according to short excerpts released. “But concern about the deficit cannot be an excuse for leaving unemployed workers to suffer. “We have tools that would bring unemployment down without worsening our long-run fiscal outlook, if we can only find the will and the wisdom to use them.”

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Romer’s Farewell Speech

Teenager catches sweepstakes mail scam 6abc.com “And I got home and my mom told me I got a check for $3000.” The check was actually for $3850.64. The check , made out in her name, claimed to be from the … and more

Prudential, Roger Clemens, Barclays, Skilled Healthcare, CVS in Court News Bloomberg More than 100 insurance carriers earn investment income on $28 billion owed to life insurance beneficiaries, Bloomberg Markets magazine reported last month. … and more

MiamiHerald.com Restitution ordered in Scott Rothstein case, but pot `limited' MiamiHerald.com … major investors with Rothstein, received payments from him totaling $87 million before his investment scam unraveled last October. … Non-Investor Law Firm Clients to Recoup Bulk of Funds Stolen by Rothstein The National Law Journal all 51 news articles

Sportsnet.ca Companies settle suits involving Cowboys Tampabay.com SAINTS: Assistant defensive line coach Travis Jones was suspended 30 days without pay for his role in a real estate scam involving at least 40 people in … Cowboys owner Jerry Jones settled with employees who were injured in a 2009 … Kansas City Star all 292 news articles

Scam Hits Eastern Kentucky WYMT The man allegedly running the scam had convinced Graham's uncle to write a check for more than eight thousand dollars for the job that they had originally … and more

Sellers spot Craigslist check scam Wink News Later, Williamson got what looked like a 2 thousand dollar cashiers check and received an e-mail from the buyer giving instructions on what to do after …

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Sellers spot Craigslist check scam – Wink News

The FutureNow List 2010 Bank Technology News Some of the instances almost seem like parody: SecureWorks reported a check counterfeiting scam dubbed the “Big Boss” ring that created fake checks from …

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The FutureNow List 2010 – Bank Technology News

Check frauds raise frustration Topeka Capital Journal The scams make up a small amount of check fraud cases the department investigates. “It looks like a check to me, but it's worthless,” McGinley said, …

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Check frauds raise frustration – Topeka Capital Journal

Queensland is Australia's ' fraud capital' Herald Sun “You've got a lot of people retiring up there and probably a fair bit of money, making them more susceptible to becoming targets of these investment scams ,” … and more

Counterfeit Check Scam Costs Benson Bank $14000 MyNC.com He said he speculated the mastermind of the scam recruited most of the men at migrant camps and paid them to cash the checks. The Johnston County Sheriff's … and more

Police Log: Craigslist “Secret Shopper” Ad Scam Patch The man was bamboozled by a variation of a popular scam popular in England in which a landlord is asked by a potential renter to deposit a $5000 check for …

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Police Log: Craigslist "Secret Shopper" Ad Scam – Patch

Mail and check scam targets Galena residents Galena Gazette If you receive a scam letter, along with a check , authorities ask that you don't cash the check . Instead, take it to a bank, which can usually verify the …

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Mail and check scam targets Galena residents – Galena Gazette

Carmel police warn of secret shopper job scam The Journal News | LoHud.com They then receive a $3800 cashier's check a few days later. They are asked to then deposit the check and call the company for more instructions. … and more

Hackers Invade iTunes, Watch Invoices WXIA-TV Hackers have figured out a way to get into the system and scam your account for big dollars. Be sure to check your iTunes invoice as soon as you receive it … and more

Sheriff investigates telephone scams Waterloo Cedar Falls Courier The Sheriff's Office has also had recent reports of a bogus check scam from citizens that they are receiving bogus checks in the mail made out to them. …

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Sheriff investigates telephone scams – Waterloo Cedar Falls Courier

Fake Check Scam Targets Boston University Better Business Bureau This is a common scam that revolves around an official-looking check . The victim is asked to deposit the fraudulent check and then wire transfer the amount …

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Fake Check Scam Targets Boston University – Better Business Bureau

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Macworld UK Scammers hit Twitter, Facebook, send free iPad spam Reuters Twitterwarned users of the scam , Wednesday, saying that it was resetting passwords of affected users. “If you've received a message promising you a new iPad … PSA: Free iPad scam circulating on Twitter and Facebook IntoMobile (blog) Free iPad offer on Facebook and Twitter is a scam UberGizmo (blog) Free iPad Scam Hits Facebook and Twitter [WARNING] Mashable (blog) Product Reviews (blog)

Scam artists hitting from all angles Brazil Times Western Union/Cashier's Check Scam : A victim is asked to cash a cashier's check for some reason, usually an emergency, and then send the funds to someone …

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Scam artists hitting from all angles – Brazil Times

Danbury police arrest company owner for alleged construction scam Danbury News Times Marc Anthony, owner of Connecticut Chimney Co., which investigators also referred to as Connecticut Builders, is facing criminal and consumer fraud charges … and more

St. Peters man indicted for $2.4M investment scam Bizjournals.com A St. Peters man has been indicted for mail fraud for an alleged $2.4 million investment scheme that bilked more than 50 people. Between 2007 and last month … and more

Us Magazine EXCLUSIVE: Teen Mom Star Farrah: I Worry I “Can't Do It All on My Own” Us Magazine … buyer's $8000 check turned out to be fraudulent, and her $3000 couldn't be recovered.) After the scam , she says her parents lent support — but no cash. … and more

read planet antares scam solutions tips to avoid travel scam complaints.

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Planet Antares Scam Solutions Offers Tips to Avoid Vacation Complaints – PR-USA.net

read planet antares scam solutions tips to avoid travel scam complaints.

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Planet Antares Scam Solutions Offers Tips to Avoid Vacation Complaints – PR-USA.net