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admin START HERE>>>>>   HAPPY 4TH OF JULY!!!

WHAT'S NEW? CURRENT STORIES WITH LINKS TO REST OF THE SITE

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22865 Lake Forest Dr.
Lake Forest CA, 92630
Phone: 888-339-7407
Fax: 949-859-3480
Bernie Bicoy, Admin

INVESTMENT LOSS TAX WRITE OFF INFO THAT MAY SURPRISE YOU - CLICK HERE

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admin INDEXES TO ARCHIVES   ARCHIVES - 16,571 FILES

MAIN ARCHIVES LETTERS A - Z
OIL, GAS AND MINING COMPANIES
INTERNATIONAL BOILER ROOMS

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admin ADMIN BIOS & ARTICLES   VRI ADMIN, PUBLISHED OPINIONS AND EDITORIALS

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admin LINKS & RESOURCES   AN UNOFFICIAL GUIDE FOR CONTACTING SECURITIES REGULATORY AGENCIES
But with some help listed on where to go to check out an investment

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admin AVOIDING FRAUD ARTICLES   ''GUARANTEED'' INVESTMENTS
Scam artists tailor their investment pitches well to entice unsuspecting investors. Avoid any pitches that require you to "act now" or that "guarantee" returns.

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admin PONZIS, PYRAMIDS and START UPS - Examples   PONZIS AND PYRAMIDS
> PONZI - A fake investment scheme where returns to older investors are paid out of new investors money
> PYRAMID - A fake business effort where new participants are paid out of fees paid by new participants

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admin OIL, GAS, MINING   OIL AND GAS FRAUD RISK
The oil and gas company raises 3-5 times the amount of money necessary to drill the well(s) and bascially steals the excess money raised.

Two pages

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admin PUBLIC STOCK, BROKERS AND INVESTMENT ADVISORS   GREENSPAN LEARNS WHAT WE ALL KNEW
> Greenspan testified that the flaw in his thinking was assuming financial institutions would protect themselves. Anyone who looks objectively at Wall Street firms has realized that they are always ready to sacrifice long term financial industry health - in order to generate short term profits - in order to get higher bonuses and commissions.

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admin FUNDS, BONDS, AND ANNUITIES   MUTUAL FUNDS ARE SIMPLY A WAY TO INVEST IN A LOT OF STOCKS AT ONCE
> In a bull market most mutual funds will go up as much the whole market MINUS the fees. Over a 10 year period the fees can subtract 50% of investor earnings.
> In a bear market most mutual funds will go down as much as much as the whole market PLUS the fees.
> Some will do better, others will do worse depending on the stocks they pick.
> As a general rule Mutual Funds are a good way to invest in a bull market, but losers in a bear or sideways market. In the current bear market only 17 out of 2,100 funds made money.

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admin COMMODITIES, FOREX & FUTURES   TYPICAL COMMODITIES, OPTIONS, FOREX FRAUD
Lying about the success of the trading efforts in order to induce investment money, part or all of the money is actually used for the personal gain of the principles of the company.
TIPOFFS:
> Claims (even written) of consistent returns to investors, usually of 2-5% a month, often with claims of ''no risk''.
> Be cautious of firms located in Florida, a Carribbean island, or South America.

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admin THE ECONOMY, INVESTING AND THE MARKETS   THE FINANCIAL CONDITION OF THE UNITED STATES
The sound of the fat lady singing

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admin SECURITIES, LEGAL AND TAX ISSUES   IF YOU HAVE LOST MONEY ON A FRAUDULENT INVESTMENT
A 165 Theft Loss Deduction allows investors to write off the entire loss in one year (instead of being limited to $3,000 per year) and roll unused losses forward for 20 years. This allows a recapture of 30-50% of an investment loss caused by fraud/theft.
> VRI Assessment Fee for 165 Qualification - 0
> VRI 165 Theft Loss Qualification Packet - $250

MORE INFO - CLICK HERE

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admin REAL ESTATE, MORTGAGE AND LOAN   REAL ESTATE EQUITY LOSSES
To date: approximately $4.5 trillion dollars

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admin HIGH YIELD INVESTMENT PROGRAM, or HYIPS   THERE ARE NO ''SECRET'' BANK PAPER TRADING PROGRAMS WITH HIGH YIELDS
Originally called 'prime bank' trading programs, they change names frequently, such as ''roll'', ''medium term note'' and ''bank debenture'' trading programs. Enter this forum for basic info...or Googlesearch ''prime bank fraud'' and read 242,000 entries explaining why the 'scam of the century' does not exist.

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admin ELDERLY, RELIGIOUS & AFFINITY GROUPS   DEFRAUDING THE ELDERLY AND RELIGIOUS
The most nauseating scams of all. But far too common as both seem to provide 'natural' victims for conmen of all stripes.

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admin NIGERIAN SCAMS   SOME NIGERIAN 419 SCAM PITCHES
Whatever their heart rending pitch is, sooner or later they ask you for money. If you send it to them kiss your money good bye.

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admin LOTTERY SCAMS AND COUNTERFEIT CHECKS   YOU HAVE WON AN INTERNATIONAL LOTTERY AND CAN COLLECT IF YOU PAY A SMALL FEE. BUT...
1) Foreign lotteries are illegal in the U.S.
2) NO legitimate lottery from any country charges any upfront fees for winners to claim a prize
'Nuff said?

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admin CHARITY SCAMS   USING YOUR HEARTSTRINGS TO RIP YOU OFF
Charity scams abound where the scammer keeps 80-90% of the money raised for the charity. Police and firefighters relief funds are particularly susceptible to these scams

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admin INTERNATIONAL BOILER ROOM STOCK SCAMS   INTERNATIONAL BOILER ROOM SCAMS
1) Unlicensed firms buying stock from 'shaky' or fraudulent companies, marking it up in price 5 to 10 times and reselling it to unwary investors, often called 'Reg S' fraud
2) Falsely offering to buy back the same stock at a huge profit if the victim pays an upfront fee. Pay the fee...no sale
3) Steal the identity of legitimate firms to 'confirm' legitimacy
4) Setting up fake securities agencies, complete with websites, to falsely confirm the FEES investors have to pay are 'real'

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admin BOILER ROOM SALESPERSONS   FROM THE OTHER SIDE OF THE PHONE
Most boiler room salespersons initially don't know they are selling a scam. But whether they know or not here are some of the tricks they are trained in to get you to send them money

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admin POTPOURRI OF FRAUD   FOR INSTANCE: WORK AT HOME OPPORTUNITIES
Two things you need to know about virtually all of the work-from-home opportunities advertised on TV, the Web, newspaper classifieds and Craigslist.
1) The vast majority of people who sign up for these programs will lose money.
2) See 1

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