Wednesday, March 10, 2010
Madoff victims beware...
I can't believe the nerve of some fraudsters out there! A recent WSJ article reported that a fake SIPC (Securities Investor Protection Corp) website is defrauding victims of the Madoff fraud. They are contacting Madoff victims and telling them that they are the real SIPC and need their information to process claims. They then steal the victims' identities and inflict pain on these individuals who just lost a good chunk or all of their life savings! Another sad testament that wherever there is money there are greedy lifeforms that are trying to get it!
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I have read that fraudsters like to target people who have already been victims of fraud because the victims have been proven gullible. They figure if they fell for a scam once, chances are they'd fall again.
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