There was weirdly little resistance when a scamster named Kevin Waltzer and his associates posed as investors and defrauded three securities class action settlement funds of more than $40 million. How about better verification mechanisms? [Trask, Trentonian]
One Comment
What’s wrong with one scam scamming another scam? Seems both
parties are equally liable. My recently tossed Apple investor
settlement estimated my recovery at up to $0.04/share, may be a
bit more depending on claims.