Welcome!

Location
Houston, TX 29.97-95.58 77070US
Meetups
None yet
Rating
Business Opportunity Busters No recent ratings
Founded
October 16, 2007

We are looking for victims of Fraud and Scams that believe they have been victimized through fraudulent franchises, business opportunities, MLM, work at home, pyramid and Ponzi schemes and any other income investment, but not the stock market.

This group is also open to those - without having lost themselves - are willing to further the cause by (a) taking steps to root out advertising for these scams and (b) help victims reclaim their losses.

The purpose of this group is to bring these victims and their families together for support, education, to warn others of these schemes before they fall victim too and to lobby the government to make and enforce laws to shut them down!! I would like this to be a North American group that would like to make positive changes to this industry.

Ponzi scheme continues to work on the "rob-Peter-to-pay-Paul" principle, as money from new investors is used to pay off earlier investors until the whole scheme collapses.

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What's new?

  • Jul 16 2008
    • New member
      “I joined this group to meet new people.”
  • Apr 5 2008
    • New member
      “I'm looking forward to sharing stories from victims. It seems that victims can get victimized a second time, by the legal process: Book/article titled, "Divorce From Hell". Also, lawyers to avoid: http://lawyers-to-avoid.blogspot.com/
  • Nov 24 2007
    • New member
      “Not a victim myself (well, yes, I fell for one of these schemes about 35 years ago), but now mainly a scam fighter.”
  • Nov 10 2007
    • New member
      “I wasted time , money and energy due to false advertising about pyramids business opptuinty two times”