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Elaine Silverberg, a 73-year-old widow, has been fighting JPMorgan Chase for 13 years over their refusal to pay her late husband's estimated $331 monthly pension. When her husband Melvyn ...
A Reddit user said in a post on Oct. 10 that she would give her husband 100% of her finances if she dies first — unless he remarries. "If he decides to get remarried, I wanted half of my ...
Between 1964 and its bankruptcy in 1973, the mutual fund and life insurance conglomerate Equity Funding ran a Ponzi scheme using fictitious life insurance policies. It sold these policies to reinsurance companies, using the money it received from these sales and from alleged deaths of policyholders to pay the incurred premiums.
The pension fund case is Retirement Program for Employees of the Town of Fairfield v. Madoff, FBT-CV-09-5023735-S, Superior Court of Connecticut (Bridgeport). [43] On June 16, 2009, former employees Richard Stahl and Reed Abend filed separate lawsuits against Madoff's sons claiming nearly $2 million in deferred compensation.
The Spanish Prisoner scam—and its modern variant, the advance-fee scam or "Nigerian letter scam"—involves enlisting the mark to aid in retrieving some stolen money from its hiding place. The victim sometimes believes they can cheat the con artists out of their money, but anyone trying this has already fallen for the essential con by ...
Nearly 1 in 12 U.S. adults have medical debt. I’m a 72-year-old widow, and a debt collector is harassing me for $42K in unpaid medical bills my husband racked up before he died.
The Bayou Hedge Fund Group (1996-2006) was a group of companies and hedge funds founded and headed by Samuel Israel III. Approximately $450m was raised by the group from investors, who were defrauded from nearly the start with funds being misappropriated for personal use.
The nonprofit Cape Cod Times Neighbors Fund has provided emergency financial assistance to thousands of Cape Codders and Islanders since 1936. Man able to pay mortgage, gets help with wife's ...