Did you hear about the restaurant in New York City that is offering up a free three-course meal to victims of Bernie Madoff? Anything on the menu too, not a pre-packaged arrangement.
Nino’s 208 is an upscale Italian restaurant located just blocks from Madoff’s office. All you need to do is show proof of victimization.
Nino Selimaj, owner, said he has sympathy for these people because he was in a similar situation in 2000, losing all of his money in stock market.
Beware. During times of economic uncertainty, there is one thing you can bank on… increased fraudulent activities.
Grifters, swindlers and con artists alike prey on the weak. And with unemployment levels rising, there is an abundance of individuals looking for a quick and easy fix.
Diligence is the best measure for avoiding these schemes. When in doubt, do your research and make sure you always read the fine print.
Posted in Fraud
Tagged con, Fraud, Scam
Employees at Canada’s tax agency have abused government credit cards to the tune of $55 million for the year ending March 31, 2008. The federal probe revealed a litany of problems in a June 2008 audit of the 1,704 MaterCards issued to Canada Revenue Agency workers. Abuses include retirement gifts, flowers, greeting cards and even charitable donations.
Posted in Fraud
Tagged Fraud, tax
It seems like every day I am getting email or mail for a new credit card promotion. I’m always skeptical of scams and don’t want to be taken. Do you have any advice regarding these solicitations?
ali sareen – brampton, ON
Be careful of email spam. It’s quite possible that the offer could be legit, however there are a lot of criminals on-line who are just looking to defraud you or capture your personal information for identity theft.
Regarding snail mail offers – direct marketing has become a very sophisticated marketing tactic and as a result, oftentimes you are sent these promotions because they are a perfect fit for your customer profile. My suggestion here would be to read the fine print and really understand the offer – it may be just what you are looking for.
– Credit Brain