Ponzi Scheme Fraudster Imprisoned

Ponzi Scheme Fraudster ImprisonedA Ponzi-scheme fraudster, Kevin Foster, who lived a lavish life after ripping off more than £34m from 8,500 victims, has now been imprisoned for 10 years.

Angus Reid Poll Shows Ample Support for Legalization of Marijuana

Angus Reid Poll Shows Ample Support for Legalization of MarijuanaIt has been revealed by a recent poll that a majority of Canadians give support to the legalization of marijuana. They however, do not support the legalization of any other hard core drug.

The highest backing is found in British Columbia. It is reported that here more than six in 10 people opine that consuming marijuana should not lead to an arrest and end in court case.

Wellington Man Watches a Thief Ransack His House Live

Wellington Man Watches a Thief Ransack His House LiveIt was seen that with the help of DIY technology, a Wellington man was able to view a robbery at his house live on the Internet.

A Man Arrested for Attacking Taxi driver in Tauranga District

TaurangaOn Sunday morning a taxi driver was attacked in Tauranga District, overnight.

According to Detective Brian Dudley the driver had collected his taxi fare in the CBD at about 3a. m.

The passenger asked the driver to drive him to Darraghs Road in Brookfield. There, the driver was assaulted and robbed where he lost his entire cash and personal valuables.

$13 Million Fraud by Versalko, Biggest Single Employee Scam in New Zealand

Stephen-Gerard-VersalkoCash drained from the customer’s investments was openly used for showcasing a luxurious lifestyle of having property, cash and prostitutes by an investment adviser at ASB. Almost NZ$17.8 million was stolen by the banker Stephen Gerard Versalko, 52. For this offence, the accused have been jailed for six years.

IC3 report: Losses from Internet frauds increased twofold in 2009

FBI-Internet-Crime-Complaint-CenterGoing by the recent statistics released the Internet Crime Complaint Center (IC3) of the US Federal Bureau of Investigation (FBI) reported losses from Internet fraud in 2009 witnessed a more than twofold increase over 2008 figures – from $264.6 million to $559.7 million.