Scams: Pigeon Fever
Sixty Minutes ran a terrific story last night on financial scams. Conclusions:
- Ponzi schemes are alive and thriving
- Gullability is here to stay.
- “Affiliation marketing” is the way con artists find you—at church, the country club, you get the picture.
Last year, I posted the Top Ten Ways to Spot Financial Fraud. Check out the link for a list of red flags. Here’s one you won’t find on 60 Minutes. Does your financial adviser always pay with cash? Have you ever seen him/her use a credit card?
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.