Financial scams prey on faithful (mission, organization, religion)

[NewsBot/WarnBot]

Papers bulge from a thick file held by Monica Barshop, a Miami Beach resident. She-s crammed the manila folder with copies of letters to financial regulators and even pointed notes to President George W. Bush and Florida Gov. Jeb Bush.

Barshop-s letters and phone calls to elected officials all sound the same theme. She seeks help recovering $25,000 she and her husband William lost in an investmen

http://www.religionnewsblog.com/10483

[michel]

Originally Posted by NewsBot/WarnBot

Papers bulge from a thick file held by Monica Barshop, a Miami Beach resident. She-s crammed the manila folder with copies of letters to financial regulators and even pointed notes to President George W. Bush and Florida Gov. Jeb Bush.

Barshop-s letters and phone calls to elected officials all sound the same theme. She seeks help recovering $25,000 she and her husband William lost in an investmen

http://www.religionnewsblog.com/10483

This sounds a bit like what we are getting here in the UK. There is some on line organization that are trying to get people to lend privately to those who want to borrow. The internet firm take a 1% comission on all deals. When they tell you that you can charge the borrower up to 20% p.a on their borrowing, alarm bells start to ring! And that is without the 'usury' factor 20% ! - When Banks will lend at max 15% !