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All investments carry some degree of risk, but there's a distinct line between a risky investment and a downright scam. Unfortunately, scams are prevalent. According to data from the Federal Trade...
Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure ...
The Tennessee Department of Commerce & Insurance’s Division of Securities wants individual investors to learn the red flags of these types of scams so they can avoid losing their money, their ...
His investment firm Obsidian Enterprises invested in a number of companies, including wireless device company BrightPoint and comedy brand National Lampoon, Inc., where Durham was CEO. [2] In 2012, Durham was sentenced to 50 years in prison in connection with a Ponzi scheme that defrauded 5,400 investors, many of them elderly, of approximately ...
CoreCivic, formerly the Corrections Corporation of America (CCA), is a company that owns and manages private prisons and detention centers and operates others on a concession basis. Co-founded in 1983 in Nashville, Tennessee by Thomas W. Beasley, Robert Crants, and T. Don Hutto, it received investments from the Tennessee Valley Authority ...
An Athens man thought his $10,000 investment had surged to $125,000 until he tried to get the money. ... $10,000 in investment scam perpetrated over Facebook ... into investing $10,000 into a ...
Bayou Hedge Fund Group. The Bayou Hedge Fund Group (1996-2006) was a group of companies and hedge funds founded and headed by Samuel Israel III. Approximately $450m was raised by the group from investors, who were defrauded from nearly the start with funds being misappropriated for personal use.
The Wall Street Journal has ranked the Walton M.B.A. program 11th in the nation for the best return on investment. [17] The 2021 analysis, which reviewed federal student loan and post-graduation salary data from 600 business programs, found that students at Walton take on an average of $27,800 in federal student loan debt and go on to earn an ...