As economic suffering spreads, so do financial scams

Researchers say people are more susceptible to investment scams such as Ponzi and pyramid schemes after going through adverse life events — a job loss, foreclosure or some other financial hardship.

So it's not surprising that many experts think the nation's deepening economic crisis is creating a whole new universe of potential scam victims every day. In fact, it makes perfect sense. Full Story »

Posted by Derek Hawkins
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Subjects: U.S., Business, Living
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Posted by: Posted by Derek Hawkins - Mar 4, 2009 - 2:49 AM PST
Content Type: Article
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Edited by: Derek Hawkins - Mar 4, 2009 - 2:49 AM PST

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