Post Tagged with: "ponzi scheme"

Some investors who put in tens of thousands of dollars got not much more than some restaurant coupons as a return. (Photo via Sing Tao Daily)

A Thousand Chinese Affected in Ponzi Scheme 

Crime, East Asian, New York, Seniors May 25, 2016 at 5:10 pm

About a thousand Chinese seniors in Sunset Park were duped in a Ponzi scheme and collectively may have lost $1 million, reports Sing Tao Daily.

Victims Carlos Norena (left) and Carlos Londoño have not lost hope of finding justice. (Photo by Zaira Cortés via El Diario)

Three Years On, Queens Ponzi Scheme Case Unsolved

Crime, Latino, Queens August 7, 2015 at 10:44 am

Despite FBI intervention, the case of the Ponzi scheme that ripped off 400 Latino immigrants in Queens seems stalled three years later, El Diario reports.

The Department of Transportion is cracking down on speedy deliverymen. (James Fanelli via DNAinfo)

Voices in Focus: a Safety Crackdown on Food Deliverymen

Business, Politics August 29, 2012 at 2:32 pm

Among our stories today from New York City’s ethnic and community press: a crackdown on the city’s deliverymen; a call to stand up for voting rights; a vigil to save Alianza Dominicana; profiles of Ponzi scheme victims; and a New Jersey middle school makes Korean classes mandatory.

Voices in Focus: Two Reports Paint Bleak Picture for Asians

Asian, Crime, Video March 5, 2012 at 11:33 am

An ex-con motivates Brooklyn teens to stay fit; a report points to an increase in suicide rates for Asian women, while another debunks the idea of Asians as a “model minority”; more on the Queens ponzi scheme that targeted Latinos; and a trial date for the first soldier accused of bullying Pvt. Danny Chen.

State Senator Jose Peralta announces that offices of city officials will help immigrant victims of fraud.

Queens Pols to Immigrants: Report Fraud to us if You Fear Police

Crime, Queens March 2, 2012 at 10:53 am

City officials gathered in front of Elmhurst Hospital last Wednesday to remind their immigrant constituents that they can report cases of fraud or scamming to their representatives’ offices if they fear contact with the police.

Over 200 turned out in Rego Park to demand justice from Inversionistas Unidos.

Alleged Ponzi Scheme Cheats Latinos of $10 Million

Economy, Latino, Queens February 9, 2012 at 4:12 pm

Victims of an alleged ponzi scheme in Queens are seeking justice for their losses, which may total more than $10 million. Here’s more on the scam we referenced in an earlier post on efforts by the Ecuadorian government to help victims recover their money.