A gold mine is a hole in the ground with a liar at the bottom.
Samuel Langhorne Clemens, 1835-1910
Some men rob you with a six-gun -- others rob you with a fountain pen.
Unfortunately, throughout the housing crisis we've seen innocent homeowners who have been victims of shady mortgage lenders and unscrupulous individuals who have used a down market to line their own pockets at the expense of others. This bill is designed to send a message by revising our laws to ensure criminals are brought to justice and that law enforcement has the tools to uncover these fraudulent schemes and go after the bad actors. Criminals should be put on notice that ripping off homeowners and taxpayers won't be tolerated.
I marketed pens - on the phone. But the beauty of the gig was that you had to call these strangers and say, 'Hi, how ya doing?' You made up a name, like, 'Hey, it's Edward Quartermaine from California. You're eligible to receive this grandfather clock or a trip to Tahiti.' You promise them all these things if they buy a gross of pens.
Swindlers are notoriously gullible.
I didn't want to write another book about fraudulence.
Too often, investors are the target of fraudulent schemes disguised as investment opportunities. As you know, if the balance is tipped to the point where investors are not confident that there are appropriate protections, investors will lose confidence in our markets, and capital formation will ultimately be made more difficult and expensive.
On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough.
The Senate was holding hearings on deceptive sweepstakes practices. These companies target the elderly, making them think they're going to get a bunch of money, when in reality they never see any of it. The most popular of these scams is called Social Security.
Get-educated-quick schemes are usually about as sound as subprime mortgage-backed securities: Enticing but basically fraudulent.
It was beautiful and simple, as truly great swindles are.
Now that he's gone, I feel like I'm a senior citizen who gave away her life savings over the phone. And this is the crux: I never in my life believed in someone as much as I believed in him. The shame is overwhelming.
Scenes are now to take place as will open the eyes of credulity and of insanity itself, to the dangers of a paper medium abandoned to the discretion of avarice and of swindlers.
The secret of being a top-notch con man is being able to know what the mark wants, and how to make him think he's getting it.
All frauds, like the wall daubed with untempered mortar ... always tend to the decay of what they are devised to support.
You'll better understand the evil when top audit firms started selling fraudulent tax shelters when I tell you that one told me that they're better [than the others] because they only sold [the schemes] to their top-20 clients, so no-one would notice.
As with the Pacific Gateway, Canadians were similarly hoodwinked by the Immigrant Investor Program (IIP).
The public psychology of going into debt for gain passes through several more or less distinct phases: (a) the lure of big prospective dividends or gains in income in the remote future; (b) the hope of selling at a profit, and realizing a capital gain in the immediate future; (c) the vogue of reckless promotions, taking advantage of the habituation of the public to great expectations; (d) the development of downright fraud, imposing on a public which had grown credulous and gullible.
So far I’m not seeing a lot of difference between me and a carnival con-man.
I have been a vulnerable target for those who want money.