Forex returns of 25% compounded monthly sounds like a scam, whether you can hear it or not:
The Securities and Exchange Commission has obtained a court order halting a Ponzi scheme that specifically targeted members of the Deaf community in the United States and Japan.
The SEC alleges that Hawaii-based Billion Coupons, Inc. (BCI) and its CEO Marvin R. Cooper raised $4.4 million from 125 investors since at least September 2007 by, among other things, holding investment seminars at Deaf community centers. The SEC also alleges that Cooper misappropriated at least $1.4 million in investor funds to pay for a new home and other personal expenses. The order obtained by the SEC freezes the assets of BCI and Cooper.
What’s next, will someone get busted for selling nonexistent condos to the blind?
Jason // Feb 19, 2009 at 11:11 am
I *hope* I don’t get busted.
alyx // Feb 19, 2009 at 11:15 am
Blind folk are very savvy. They can find banana rolls on a girl who is 5’9″ and 125 pounds.
Rightwingsnarkle // Feb 19, 2009 at 12:30 pm
Well, I’m sure glad to have read this post. You’ve given me a great idea – treadmills for the wheelchair-bound.
Who’s in?
alyx // Feb 19, 2009 at 12:33 pm
Where’s LoLo? We can get her to round up a bunch of elderly people at Olive Garden and deliver our sales pitch.