Vermont | Investor's Watchblog

“Believe Me, I’m As Upset As You Are”

On April 26, 2012, in Ponzi schemes, Scams, The Vigilant Investor, Vermont, by IW Dog

Friendship is a lousy reason, by itself, to entrust your money to anyone.

“Believe me; I’m as upset as you are.” I pray that you never hear those words. Because, if you do, they’ll likely be spoken by someone to whom you have entrusted your life savings. They’ll be describing how all the money is gone; lost, if you believe them, to an unscrupulous character to whom they entrusted it. A recent case out of Vermont is familiar to those of us in the investor protection business. According to WCAX.com: (more…)