I stumbled upon a news item last night about a man who had defrauded people – – mostly older people – – out of $100 million. He had convinced them that he would make regular payments to them as an advance against their forthcoming pensions. Apparently he already had a criminal record, and in spite of years of suspicions from attorneys general all over the country, he was only recently shut down.
What astonishes me is how he was able to pull off crime on such a grand scale with so little effort. The company was called FIP, LLC, and behold, now their entire website in all its glory.
