Scams: Pigeon Fever Sixty Minutes ran a terrific story last night on financial scams. Conclusions: Ponzi schemes are alive and thriving Gullability is here to stay. “Affiliation marketing” is the way con artists find you—at church, the country club, you get the picture. Watch CBS News Videos Online Last year, I posted the Top Ten [...]
Tag archive for ‘60 Minutes’
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Financial Fraud 101
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Would You Spend 40 Months in Prison for $550 Million?
U.S. Is Said to Consider Easing Informant’s Term Bradley C. Birkendfeld is scheduled to start a 40-month prison sentence on Friday, January 6. He’s the banker who exposed UBS’ illegal activities and is now claiming a 30 percent whistleblower’s reward. In case you missed the story, here’s what 60 Minutes reported. Watch CBS News Videos [...]


