Scammers often earn victims’ trust through shared hopes, dreams, beliefs

News

Scammers often earn victims’ trust through shared hopes, dreams, beliefs

‘Scam the scammers’ plan not so rare

The judge seemed incredulous at Fred Baker’s confession that he had set up a Ponzi scheme to invest unwitting victims’ money in other Ponzi schemes in an attempt to “scam the scammers.”

Baker thought he knew how Ponzi schemes worked – luring

Read More Hide
In this series

Sunday: Fred Baker is serving time for his part in a Ponzi scheme, but he was just one player in a worldwide network of fraud.

Today: Four mysterious $100,000 checks to Baker’s victims coincide with another fraud case in Utah.

Tuesday:

Read More Hide
Related Stories
For a Ponzi payout, call the tooth fairy
A man, a plan, a scam

Scammers often earn victims’ trust through shared hopes, dreams, beliefs

Baker
Reader Comments
click here to add your event
Durango ~ Events
click here to add your event
Durango ~ Events