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Mets lawsuit unsealed in Federal Court

By Gary W. Marchese Jr. Flushing, NY (Feb 5) – The New York Mets, mostly the owners the Wilpons have a real mess on their hands. They are trying to…

Mark Madoff found dead in New York City apartment

NYC, NY (Dec 11) – In an apparent suicide son of convicted ponzi scheme artist Bernie Madof, Mark Madoff was found dead in his New York City apartment this morning.…

Senate Back at Work | Tax Cuts and Unemployment Extensions

Washington, D.C. (Dec 4) – Looking very unhappy, Senator Grassley (R-IA) stumbled his way through his argument supporting the rich while, slamming unemployment extensions for the poor. As the first…

$3.7 Billion Dollar Ponzi Con Artist Sentenced to 50 Years

$3.7 Billion Dollar Ponzi Con Artist Sentenced to 50 Years

At age 52, Thomas Joseph Petters made Minnesota history today receiving what is being called "the longest term of imprisonment ever ordered in a financial fraud case."…

California Ponzi Scheme Preyed On Korean-Americans

California Ponzi Scheme Preyed On Korean-Americans

Santa Ana, CA – On March 9, 2010, special agents for the Federal Bureau of Investigation arrested a California man and his girlfriend for allegedly running a Ponzi scheme that…