Investment Fraud Everywhere
More than one year ago, we began blogging on the scams and reckless brokers that cost American baby boomers and senior citizens their life savings, turning golden years into years of want, anxiety, and desperation. Early on we told you that there was a tidal wave of investment fraud breaking over America. We wish now that we could tell you that Bernie Madoff’s record-setting Ponzi scheme was the peak of the storm. When we look back on this time ten years from now, though, Madoff’s particular scheme may not stand out the way it does now.
As those who live on the Gulf of Mexico or the Atlantic coast know, it isn’t always the big wave that destroys what you’ve built. Most often, it is the storm surge that finds the weakness in the wall of sandbags and rushes through without mercy, destroying everything it touches. Investment fraud is like that. It is everywhere, and it is devastating.
In September, we said that financial criminals will one day look back on this time as the “golden age of investment fraud.” We take no pleasure in having called this correctly. We do, though, take satisfaction in helping investors avoid the devastation of investment fraud. We take satisfaction in alerting regulators to scams that might otherwise operate for years. We take pleasure in knowing that - client by client - we are helping create an investing public wise enough to understand the futility of going it alone when so much is at stake. Let us help you too.
January 28th, 2009 at 7:52 am
This is in regard to the KFG Health Financial Plan. Let me know if you need more information. I’d like to know what you find out. The following is one of the emails I received. If it’s a scam and it probably is, it’s really, really elaborate:
Dear ICC Member -
There are 2 steps each member MUST do to complete your membership and to receive your benefit.
First, please note the following:
* Your ICC membership number and PIN will come in a Welcome Email from me ([email protected]).
* Make sure you check your SPAM folder as some emails occasionally end up there.
* Please give it up to a day or two for you to receive the Welcome Email.
Once you receive it, save your ICC member number and your Pin# and then follow these directions.
STEP ONE: Go to http://www.incredible-concepts.com/~icidata
Enter your member number and your pin number and click on ‘Submit’ to log in
Go to left side of the screen and click on ‘Member Update’
Edit your personal information for any errors or corrections that need to be made
1st: Make sure YOUR name and member number are listed there
2nd: Make sure that the member number listed is the one you have been given
3rd: Add or check that your address, phone number and email are correct
4th: Click on ‘Submit Changes’ to save any changes you have made
5th: If you are checking on the information for someone else, make sure that you log out and then follow the same steps above for each person
6th: Check this site periodically to make sure the information remains accurate. If you have a change in your personal information be sure to log in and make any corrections at this site
STEP TWO: REGISTER FOR THE K FAMILY GROUP (KFG) HEALTH FINANCIAL PLAN
You need to compose and send an Email to: [email protected]
Include a Bcc: copy of your Email to: [email protected]
In the Subject line TYPE: Please Register me for the KFG Health Plan
In the Body of the Email TYPE:
Please Register me for the KFG Health Plan
TYPE YOUR NAME
TYPE YOUR MEMBER NUMBER (NOT YOUR PIN NUMBER)
Then SEND the Email
CONGRATULATIONS!
You have completed all of the required steps and you will now be added to the program to receive the health financial plan benefits.
By completing Step Two, we validate your membership and you immediately become eligible to receive benefits. You will not receive any further confirmation from Zcash or from me.
If you have any problems or questions, please contact me (your sponsor) with ‘YOUR NAME - ICC Problem’ in the Subject line.
My contact information is below.
DO NOT CONTACT ADMIN AT ZCASH, AS IT WILL ONLY DELAY RESOLVING YOUR PROBLEM.