December 13, 2010 |
Here is a roundup of alleged cons, frauds and schemes to watch out for. Telemarketing fraud The FBI wants to help you avoid giving your money to criminals on the telephone. Once you fall victim to telemarketing fraud, you'll almost certainly never get your money back. Before you buy, the FBI recommends that you take these precautions: Don't buy from an unfamiliar company, ask for written material by mail and check out companies on the Web. Websites for the Better Business Bureau, the state attorney general and the National Fraud Information Center are good places to start your search.
August 17, 1989 |
In a dreary subterranean archive near the Los Angeles County Hall of Records, 60 crates of documents testify to litigation run amok. They are part of a case known as Willow Ridge, which has generated more paper than any other in the history of Los Angeles Superior Court. The records would stand eight stories high if piled in one place. And they don't include hundreds of thousands of documents interred in a separate storage warehouse, or transcripts of as many as 1,000 depositions.
CALIFORNIA | LOCAL
June 30, 1994 |
An Orange County Superior Court judge ruled Wednesday that an evangelical preacher had conned an heiress out of nearly $500,000 and ordered him to repay the money plus $250,000 in punitive damages. Mel Tari, 48, of Dana Point, an evangelist and author of several Christian books, must repay Christine Kline, 41, of Denver for the small fortune she signed over to him. Kline, who had inherited Capital Printing Co.
CALIFORNIA | LOCAL
January 1, 2000 |
Vengeance probably wasn't very high on your to-do list this holiday season. But it was for Karl S. Ryll, an otherwise unassuming El Monte teacher. Instead of spending his time around the punch bowl, Ryll spent part of his Christmas break halfway across the world, making sure that a treasure hunter named Dennis A. Standefer remained behind bars in a Jakarta, Indonesia, jail. For more than two years, Ryll, 39, has dedicated his energy to tracking Standefer.
July 19, 2004 |
Orange County pastor Ralph A. Wilkerson has agreed to answer questions about a former associate accused of raising more than $160 million from evangelical Christians in an elaborate international investment fraud, Wilkerson's attorney said. Wilkerson, 77, was criticized last month by a court-appointed receiver who said the pastor had failed to help recover assets that would benefit people left destitute by the alleged scam run by Gregory E. Setser, an Inland Empire-based entrepreneur.
August 22, 2012 |
NEW YORK - They've called from pay phones. They've had furtive meetings at hotels and even a church. On internal government documents, they go by code names like Mr. X. For the last year, whistle-blowers deep inside corporate America have been dishing dirt on their employers under a U.S. Securities and Exchange Commission program that could give them a cut of multimillion-dollar penalties won by financial regulators. A new bounty program has been an intelligence boon to the securities industry regulator, which has struggled to redeem itself after failing to stop Bernard Madoff's epic Ponzi scheme and rein in Wall Street before the 2008 financial crisis.
February 5, 2009 |
Small investors accused a prominent California real estate brokerage and a former Orange County businessman in a lawsuit Wednesday of taking part in an elaborate scam that fleeced individual investors out of millions of dollars in recent years. The lawsuit, filed in federal court in San Jose, alleges that brokers at Marcus & Millichap allegedly took part in a conspiracy to buy small commercial properties, artificially inflate their values and sell them to unsuspecting investors.
May 11, 1998 |
The pitch sounded irresistible: Amid the hyperviolent sewage of commercial children's television, what could be more alluring than a cable channel devoted entirely to kids' shows featuring wholesome stars such as Shari Lewis and Bill Cosby? "No violence on the network--of course it sounded appealing," said Jeanne D'Amato, a Sun Valley investor who put up $10,000. Judy Klopfer, a Torrance nurse, invested 10 grand; a Westside minister put up his $125,000 retirement stash; a retired Lexington, Ky.
November 25, 1990 |
There's a certain kind of business known as a schlock operation. Its merchandise is schlock-- Yiddish for "knocked about," second-rate, fire-sale stuff. But the term also suggests a way of doing business, regardless of the merchant's ethnicity. The standard operating procedures are seat-of-the-pants. Ethics are checked at the door. Such operations and operators are staples of commerce, moving goods no one else will sell and serving a clientele that big business ignores.
December 13, 2008 |
For years, the investment funds run by Wall Street legend Bernard L. Madoff turned in such consistently strong results that they seemed unbelievable. It turns out that they were, federal authorities say. As details of one of the largest alleged frauds ever to rock Wall Street began trickling out Friday, it became clear that warning signs about Madoff's funds had abounded for years.