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Pawnshop

Hard Working American’s Specifically Targeted by Businesses That Make Billions Off Them

Hard working American’s of all socioeconomic strata are specifically targeted with financial products or services to make a fortune off those either living in chronic desperate times or experiencing sudden financial troubles. The new book, Broke USA by Gary Rivlin, provides a welcome look inside the world of payday lenders and other fringe finance companies while supported by major Wall ... Read More »

Jewelry Store and Pawnshop Owner Charged With Running Ponzi Scheme

Yesterday in Miami, Luis Felipe Perez was sued by the Securities and Exchange Commission for defrauding primarily Hispanic consumers by investing money for fixed returns. From 2006 until June 2009, Perez raised approximately $40 million in a Ponzi scheme affecting approximately 35 South Florida investors, many of whom were Hispanic. Using personal and family relationships while boasting of a successful ... Read More »

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