theoldwolf: (Default)
theoldwolf ([personal profile] theoldwolf) wrote2010-10-12 09:11 am
Entry tags:

Once again: If it sounds too good to be true...

Just in the news this morning:

Six attorneys nearly fall for the Nigerian "bogus check" swindle. That should be great for business.

Imperia Invest swindles $7 million from 14,000 investors worldwide, shuffles the money into offshore accounts, and vanishes into the haze without paying out a dime. They even had the balls to tell investors they had to buy a Visa debit card (for a fee) to access their profits.


"The SEC wishes to remind investors that investment pitches offering spectacular rates of return are an indicator of possible investment fraud."

Well, DUH.