• Scam Diego alerts

Sometimes I think that the victims of certain scams should be locked up with the perpetrators. It might be the only way to protect naive folks from self-destruction. I am talking about Ponzi schemes in which victims are promised 100 percent returns per week, and bite. Another of these came along today (Feb. 17). James Folsom was found guilty by a federal jury of 26 counts of selling an unapproved medical device. The device, called by names such as "AstroPulse," is a micro-current frequency generator with a digital readout, two stainless steel cylinders and wires to hook up the multifarious parts. According to the U.S. Attorney's office, buyers got an operating manual setting forth digital settings: one could use the device on AIDS, diabetes, stroke, ulcers, worms --- just set up the digital readings and wait to feel better. Folsom, who sold the devices under the name Jim Anderson, peddled more than $8 million worth. He will be sentenced May 11.

  • Scam Diego alerts

Comments

SpliffAdamz_ Feb. 19, 2009 @ 10:35 a.m.

I thought America was they land of they scam artist. Look at are schools. Send your kids to schools to be taught by teachers who are barley educated themselves. So everyone who has been taught in , or teaches in America should be lock up right? Look at the fast food industry Burger king , Jack N Box , McDonald's , Wendy's , Arby's , Carl's Jr , Taco bell , Dell Taco , El pollo Loco , KFC , Churches Chicken and that hot dog spot I can't spell. So much food being made and sold to countless numbers of customers for decades. Don't you think some of that food is clone food?? So since they have been feeding us clone food and nobodies every stop to think about it , I guess a lot of people should be going to jail right???

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Don Bauder Feb. 19, 2009 @ 10:40 a.m.

Response to post #1: You are carrying coals to Newcastle. I have long favored more jail time for white collar criminals and less for the perpetrators of minor street crimes who fill our prisons. Best, Don Bauder

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SpliffAdamz_ Feb. 19, 2009 @ 10:50 a.m.

In Response to post #2 So when should they lock up George Bush for killing thousands of innocent people and lying about weapons of mass destruction. And also lying about 911 saying it was terrorist when it really was a government plot to invade Iraq and Afghanistan for oil and drugs that they grow over there. Or do still believe it was terrorist like your president told you?

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Don Bauder Feb. 19, 2009 @ 4:09 p.m.

Response to post #3: I am in favor of the current government investigating to see if the Bush administration committed war crimes. If so, there should be a trial and appropriate penalties if the jury finds the malefactors guilty. It doesn't look like the Obama administration will go in that direction, unfortunately. Best, Don Bauder

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Burwell Feb. 19, 2009 @ 10:03 p.m.

God wanted these victims to be fleeced. That's why he made them sheep.

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Russ Lewis Feb. 20, 2009 @ 2:25 a.m.

"...that hot dog spot I can't spell." And what exactly can you spell?

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Don Bauder Feb. 20, 2009 @ 7:41 a.m.

Response to post #5: Rather than God wanting the victims to be fleeced, perhaps God wanted the perpetrator to get rich. Ever think of that? Best, Don Bauder

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Don Bauder Feb. 20, 2009 @ 7:43 a.m.

Response to post #6: I assumed he was talking about Der Wienerschnitzel. I hope I spelled that correctly. Best, Don Bauder

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Duhbya Feb. 20, 2009 @ 9:54 a.m.

Response to post #8: Ja, das ist der place! (Weinerschnitzel radio jingle from the 70's. How I miss those clone dogs!)

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JohnnyVegas Feb. 20, 2009 @ 11:40 a.m.

Does anyone remember "Caspers Hotdogs"???? When I was a kid we went to that place and loved it.

I think they are gone-sort of like Farrells Ice Cream (had one of those in Fashinion Valley next to the old theaters!)

Those were very tasty!

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Don Bauder Feb. 20, 2009 @ 12:48 p.m.

Response to post #9: As I recall, the words of one ad went, "Just thinkin' about those hot dogs makes you hungry!" Best, Don Bauder

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Don Bauder Feb. 20, 2009 @ 12:50 p.m.

Response to post #10: We took our kids to Farrell's in La Mesa and they were always serenaded on their birthdays. Good ice cream, as I recall. Caspers? Don't know it. Best, Don Bauder

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Don Bauder Feb. 20, 2009 @ 12:56 p.m.

Response to post #11: Caspers is now only in N. California. It doesn't appear that Farrell's is still in SD. Best, Don Bauder

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valueinvestingisdead Feb. 23, 2009 @ 9:21 a.m.

Sad that America is now viewed worldwide as a nation of crooks. Foreigners are fleeing our markets as they don't trust them after the Madoff scandal.

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Don Bauder Feb. 23, 2009 @ 10:33 a.m.

Response to post #15: It isn't just Madoff. How about Stanford? And how about U.S. taxpayers evading taxes through UBS? It numbers in the thousands. And how about obscenely excessive top management pay? And regulatory agencies run by crooks' law firms? And lots more. There is an upside: at last, populism is rising to the surface. It took this downturn to stir up the masses. Some executives should be spending some time in prison. Long overdue. Best, Don Bauder

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valueinvestingisdead Feb. 24, 2009 @ 9:11 p.m.

You could argue that some of these so-called value managers that have lost 75% like Legg Mason Value and Brandes US VALUE should be shut down by the regulators as they are not doing what they claim..."being conservative by buying value".

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Don Bauder Feb. 25, 2009 @ 6:45 a.m.

Response to post #17: Certainly, the value approach has failed for Brandes and Legg Mason in this market. Brandes has refused to try a modified approach, or something else. Best, Don Bauder

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