Investment scheme costs victims millions
She promised high returns, but instead, she gave investors high anxiety when they lost millions!
Investment scheme costs victims millions
MILWAUKEE (WITI) -- She promised high returns, but instead, she gave investors high anxiety when they lost millions!
How to avoid account takeover fraud
MILWAUKEE (WITI) -- How secure is your personal information?
Contact 6: Man loses $100K in investment scam
How would you like to invest in a company that provides cell phone service where no one has it?
Man loses $100,000 in common investment scam
MILWAUKEE (WITI) -- How would you like to invest in a company that provides cell phone service where no one has it?
Work-from-home scam costs woman thousands
MILWAUKEE (WITI) -- The flexibility of a "work-at-home" job sounds great -- especially for mothers juggling different schedules, but FOX6's Contact 6 says beware of scams!"I wanted to do something that could work around the schedules of all the kids because everybody had different schedules and especially with the baby," Alana Howell said.Howell is a single mother of four, and needed to supplement her income."I was on the internet looking for an online job and I got an email and it said they we`re looking for representatives in this state to build a bigger business," Howell said.Howell was told she would be paid for depositing checks the company sent her into her account -- then sending a percentage back to the company."I went to the bank, deposited the checks (they sent me two checks) totaling almost $4,000.
Quilting group targeted in Ponzi scheme
MILWAUKEE (WITI) -- A quilting group hardly seems like the setting for a multi-million dollar scam, but that's where Katherine O'Keefe was targeted."Our relationship went from women involved in this quilting group to extremely close friends.
Brothers scammed for over $100,000 each
MILWAUKEE (WITI) -- Jim and Pat Taylor are brothers, bonded by blood and now by a scheme that cost both of them over $100,000 each."I`ve lost sleep and can`t get it out of my mind," Jim Taylor said."Knowing there are people in this country willing to say or do anything because they are too lazy to get an honest job," Pat Taylor said.Jim Taylor learned about an investment involving the buying and selling of foreign currency and told his brother Pat about it."I had already lost some money in the stock market.
Woman accused of targeting Filipinos in Ponzi scheme
MILWAUKEE (WITI) -- Some call her the Bernie Madoff of the Filipino community in the U.S. for running a million dollar Ponzi scheme targeting her fellow countrymen.
Contact 6: Congress hearing testimony over mail fraud schemes
Americans who fall for foreign lottery scams are losing billions, and now, Congress is hearing testimony on the issue.
Congress hearing testimony over mail fraud schemes
MILWAUKEE (WITI) -- Americans who fall for foreign lottery scams are losing billions, and now, Congress is hearing testimony on the issue.
Contact 6: Con artists target dormant credit accounts
MILWAUKEE (WITI) -- If you think those credit cards you're no longer using are off limits to con artists -- you are wrong!Construction work came to a halt at a strip mall, after contractors were arrested for their role in a credit scam that cost consumers more than half a million dollars.It all started with one bad credit card company employee."She knew that these were dormant accounts which the businesses had lost track of, so she would go in manipulate the account," U.S. Postal Inspector Mona Hernandez said.She would create new credit cards, based on dormant accounts, and ask accomplices to use the cards."Multiple contractors were arrested in this case.
Contact 6: Avoid getting ripped off by moving companies
Summer is the busiest time of the year for people looking to move — and it’s also prime time for moving company ripoffs!
Contact 6: Avoid getting ripped off by moving companies
MILWAUKEE (WITI) -- Summer is the busiest time of the year for people looking to move -- and it's also prime time for moving company ripoffs!"The BBB, Better Business Bureau logged more than 8,500 complaints against movers last year.
Contact 6: Beware of phony "Yellow Pages" solicitations
MILWAUKEE (WITI) -- FOX6's Contact 6 says small business owners should be on the lookout for companies posing as the "Yellow Pages." Contact 6 says not knowing who you're dealing with can cost you big money.The name "Yellow Pages" and the iconic "walking fingers" logo are not copyright or trademark protected.
Katrina Cravy reveals sunscreen ratings winners
Time to start thinking of ways to beat the summer heat!
Contact 6: The importance of sunscreen
MILWAUKEE (WITI) -- Time to start thinking of ways to beat the summer heat!
Contact 6: CFP accused of Ponzi scheme -- selling fake investment
MILWAUKEE (WITI) -- A certified financial planner is accused of selling a fake investment.Daria Lisco and her husband lost more than $20,000 in an investment their neighbor first told them about."A nursing home investment and the returns were pretty good - maybe 8% and we decided we would invest money in that - because it was a good deal," Lisco said.For months, the Liscos were content, as the investment appeared to be making them money."One of the things about it is that he went through a legitimate company and checks were coming from that company so it wasn`t like you think this is a scam," Lisco said.However, this was a Ponzi scheme orchestrated by a former financial advisor."They were usually his own clients, so he knew who to approach," U.S. Postal Inspector Daniel Forrester said.Postal inspectors say the suspect created the fictitious nursing home investment, and ore than 13 victims invested $10 million."The product did not exist.
Contact 6: Katrina Cravy discusses hot summer deals
Want to save this summer?
Contact 6: Hot summer deals for June
MILWAUKEE (WITI) -- Want to save this summer?