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U.S. Representative Michael Myers, second from left, holds an envelope containing $50,000 that he just received from undercover FBI agents. Abscam, sometimes written ABSCAM, was an Federal Bureau of Investigation sting operation in the late 1970s and early 1980s that led to the convictions of seven members from both chambers of the United States Congress and others for bribery and corruption.
Michael Franzese ( / frænˈziːs /) [2] ( né Grillo; born May 27, 1951) is an American former mobster who was a caporegime in the Colombo crime family, and son of former underboss Sonny Franzese. Franzese was enrolled in a pre-med program at Hofstra University, but dropped out to make money for his family after his father was sentenced to 50 ...
An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [1] [2] If a victim makes the payment, the ...
Per a recent report by the Better Business Bureau, 44% of Americans have been approached with a government impostor scam, and 77% of people surveyed were familiar with the practice. Since 2014 ...
The United States Magazine and Democratic Review was a periodical published from 1837 to 1859 by John L. O'Sullivan. Its motto, "The best government is that which governs least", was famously paraphrased by Henry David Thoreau in "Resistance to Civil Government", better known as Civil Disobedience, [1] and is often erroneously attributed to ...
Complaints about government benefit theft rose as layoffs soared in 2023, nearly doubling in job cuts from 2022, according to outplacement firm Challenger, Gray & Christmas. The firm said earlier ...
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme.
Consumer Reports. Consumer Reports ( CR ), formerly Consumers Union ( CU ), is an American nonprofit consumer organization dedicated to independent product testing, investigative journalism, consumer-oriented research, public education, and consumer advocacy. [2] Founded in 1936, CR was created to serve as a source of information that consumers ...