March 5, 2012 |
Here is a roundup of alleged cons, frauds and schemes to watch out for. Personalized T-shirts — The Better Business Bureau is warning that a company that sells made-to-order T-shirts has pocketed consumers' money without delivering the goods. The consumer group said it has received more than 100 complaints from consumers who said they paid Personally Yours for personalized T-shirts but did not receive them and could not get refunds. "When making online purchases, the best recourse consumers have is to pay by credit card," said Robert Crockett, chief executive of the BBB serving Southern Nevada.
March 4, 2012 |
Personalized T-shirts - The Better Business Bureau is warning that a company that sells made-to-order T-shirts has pocketed consumers' money without delivering the goods. The consumer group said it has received more than 100 complaints from consumers who said they paid a company called Personally Yours for personalized T-shirts, did not receive them and could not receive refunds. “When making online purchases, the best recourse consumers have is to pay by credit card,” said Robert Crockett, chief executive of the BBB serving Southern Nevada. “In the event of fraud, non-delivery or non-communication with a business, consumers can dispute charges with their credit card company to try and receive refunds.” Ponzi scheme - A federal grand jury in San Francisco has indicted two people on charges related to a $129-million Ponzi scheme.
CALIFORNIA | LOCAL
February 25, 2012 |
Reporting from San Diego -- An attorney who once was prominent in adoption circles was sentenced Friday to five months in federal custody and nine months of home confinement for her guilty plea in what prosecutors called an international "baby-selling" ring. Theresa Erickson, whose law firm was in Poway, had pleaded guilty to wire fraud for her role in a scheme that involved hiring surrogates to carry embryos to term and then arranging for the infants to be adopted. The "intended parents" often paid more than $100,000, according to the plea bargain signed by Erickson.
CALIFORNIA | LOCAL
February 24, 2012 |
Reporting from San Diego -- Poway attorney Theresa Erickson was a star in the complex, competitive, and sometimes lucrative business of helping childless couples adopt babies. She was a frequent guest on national TV shows; she self-published a book on "assisted reproduction," and she presented herself on her website as a tireless, fearless advocate for adoption. Eager to expand her business, she was looking to attract gay clients. A different Erickson will appear for sentencing Friday in San Diego federal court: an admitted felon, the alleged ringleader behind an international scheme to pay surrogates to carry embryos to term so the babies could be placed with couples throughout the United States.
October 12, 2011 |
Los Angeles real estate investor Ezri Namvar was sentenced to seven years in federal prison on charges related to the theft of more than $20 million from investment clients. A jury had convicted Namvar on May 19 of wire fraud charges stemming from allegations that he stole from clients who had trusted him to hold proceeds from commercial real estate sales. Namvar's company, Namco Financial Exchange Corp., helped clients avoid paying taxes on real estate sales by holding their money until they used it to make new purchases.
CALIFORNIA | LOCAL
August 10, 2011 |
A prominent San Diego attorney pleaded guilty Tuesday in federal court to being part of what U.S. Atty. Laura Duffy labeled a "baby-selling ring. " Theresa Erickson, a lawyer specializing in reproductive law, pleaded guilty to wire fraud for transmitting phony documents to deceive both the San Diego County Superior Court and couples seeking to become parents. Two other people in the ring have also pleaded guilty. According to court documents, Erickson hired women in San Diego to go to Ukraine to be implanted with embryos created from the sperm and eggs of donors.
February 16, 2011 |
A British citizen was sentenced to 13 years in prison for operating a scam in Southern California that swindled more than $7 million in investments from clients and diverted more than $2 million to his own use. Using disarming British charm and tall tales of an illustrious career as a European banker, Robert Tringham, 66, was able to woo investors into turning over the cash, some of which he used to pay for a Diamond Bar mansion, luxury car and...
January 26, 2011 |
Hedge fund managers looking for an edge in the financial markets in recent years could turn to Primary Global Research, a boutique firm in the heart of the Silicon Valley with connections around the world. Now the company isn't answering the phone, the front doors of its Mountain View office are locked and some of its former employees are facing possible prison time. Founded in 2003 by former Intel Corp. manager Unni Narayanan, Primary Global is at the center of an ongoing Justice Department insider-trading crackdown on the sale of privileged information that could affect stock prices.