Word: scammed
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...monotony of the proceedings made many eyes glaze over. Only Bernard Madoff's nasal explanation of how he pulled off his scam provided drama. Looking down at his statement and avoiding eye contact with any of the victims, the most hated man in America said he was "deeply sorry and ashamed" for what he had done...
...times one of his victims had called him on his scam. Sgarbi's usual ploy, according to investigators, was to prowl hotel bars. Not just any hotel bars, though. The soft-spoken man booked himself into exclusive spas in Austria and Switzerland, places that invite well-paying clientele to leave their normal life behind, to unwind and open up. Selling himself as someone in need of rest as well, Sgarbi would strike up conversation when his victim's guard was down. For some of his victims, the handsome man must have seemed just like part of the therapy...
...Klatten, whose fortune is estimated at some $12.6 billion, the episode has been a major public embarrassment. By stepping into the limelight, however, the reclusive billionaire has won the hearts of women conned by similar scam artists. In one of her rare statements on the case, Klatten declared that she had defended herself "in the name of all of the women of my family and in the name of many other women...
...until last month, Chuck Hays ran a fund called Crossfire Investment, with $5.5 million in assets. What did he do with his clients' money? What else - went out and bought himself a $4 million yacht, from which he ran the alleged scam, according to CFTC and SEC complaints. In early February, the agencies dropped anchor on Hays...
...Labour veteran had lost something potentially far more inconvenient than a wallet: the password to his Hotmail account. He is the latest - and highest profile - victim of a widespread "phishing" scam, which starts when the target receives an e-mail warning that the account will be suspended unless he or she revalidates it by clicking a link. This leads to a phony website that demands the account password. The scammers immediately hijack the account and use the address book to send out phishing letters. Often the supposed sender explains that he or she is "really sorry I didn't inform...