TSA Performs Patdown on 3 Year Old Girl in a Wheelchair on Her Way to Disney World

Two By Two by Flickr user ARTS, licensed by Creative Commons

            Airport Security

On February 9th, TSA agents at the St. Louis airport detained Lucy Forck as she and her family were boarding a flight for Orlando, FL.  Lucy has spina bifida and is confined to a wheelchair.  Lucy, and her parents, Nathan and Annie Forck, along with her two siblings, cleared the TSA checkpoint without incident.  However, as they were at the gate ready to board, a TSA agent pulled Lucy aside for additional screening measures.  They wanted to pat her down.  According to Nathan Forck, the TSA agents told him they were singling her out for this additional screening because she’s in a wheelchair. They said they are specifically targeting disabled people for this special scrutiny.

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Florida Wants To Stop Drones From Spying

Decorative Scales of Justice in the Courtroom

Courtroom

Senator Joe Negron, has sponsored a bill that is close to passing in legislation for the ban of drones or UAV surveillance in the state of Florida.  The Unmanned Aerial Vehicle is an aircraft that is controlled by computer or by a pilot using remote control.  There is no actual pilot in the drone but it has such technologies that can observe the surface it is covering.  Senator Negron, the Criminal Justice Committee, and its citizens believe drones are an excuse to spy on Floridians.

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Dorice Moore On Trial For Lottery Winner Death

Decorative Scales of Justice in the Courtroom

Courtroom

In light of the recent Powerball lottery, a murder trial with Dorice Moore seems all too relevant.  Dorice Moore was the financial adviser to Abraham Shakespeare and is now on trial for first degree murder for the death of her client.  Mr. Shakespeare was once a multi million dollar lottery winner in Tampa, Flordia, but is no longer reaping the benefits.  Ms. Moore allegedly shot Abraham in the chest and spine, and then continued to bury his body under a concrete slab in her backyard.  There are no eyewitnesses as of this moment but prosecutors have no doubt that she knew something up was when Mr. Shakespeare went missing.

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Hurricane Washes Up Same Old Problems

Bourbon Street Dream by flickr user kcdsTM, licensed by Creative Commons

Hurricane Isaac’s recent landfall along the Gulf Coast has caused a lot more issues than originally thought.  A collection of businesses in New Orleans and other Gulf cities are contesting that Isaac has washed up oil and tar from the BP oil spill in 2010.  The British oil and gas company has already agreed to pay about $7.8 billion to the plaintiffs effected.  Economic losses, property damages, and personal injuries were all cited in these settlements; however lawyers believe that Hurricane Isaac has shown that there is still work to be done. Read more

How Prevalent Are Ponzi Schemes?

Money puzzle, licensed via Creative Commons via taxbrackets.org

Ponzi schemes are difficult to unravel, not unlike a billion-piece puzzle.

Ponzi schemes have been in the news recently, but not for bad reasons.  Specifically, proposed and confirmed settlements of three big ponzi schemers have been reached with some of their victims.  The victims of Earl Jones, a convicted Québécois schemer who swindled an estimated $40 million from 150 people, have settled in a class action suit with his bank for about $18 million.  The late Kenneth Wayne McLeod, whose Capital Analysts Inc. group stole $34 million mostly from federal agents and policemen, has proposed settlement for an undisclosed amount with 140 investors (though not without some suspicion, as noted in that article).  And perhaps biggest of all, though not Madoff-big, is Scott Rothstein, the big-mouthed Florida lawyer whose Charlie-Sheen-esque ramblings during a deposition were something of a pop culture phenomenon last year.  He made off with $1.2 billion of investors’ money, with his bank recently settling for $170 million for its part in the scheme.

While reading this, I became curious as to how prevalent these Ponzi schemes are.  Presumably after Bernie Madoff made headlines with his $65 billion scheme, duping even high-profile celebrities and financial leaders, people would be more aware of what they were doing with their money.  However, Ponzi schemers are just as active as ever.  This list on Wikipedia shows 32 caught Ponzi schemers in the last decade alone — some with schemes going back ten years or more.  Just think about how many are perpetrating a fraud right now.

Read on to learn about common investment fraud tactics after the jump.

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