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Tag Archives: accountant

Father And Son Sentenced For $930 Million Ponzi Scheme

Sometimes the apple doesn’t fall far from the tree. When children are growing up many look up to their parents and imitate them on a daily basis. “When I grow up, I’m going to be just like daddy!” But what happens when your parent is a fraudster? Father, Roberto Torres, former chief financial officer, and son, Alejandro Torres, former accountant ... Read More »

    What is the Best Way for me to Eventually Eliminate My Credit Card Debt? – Alan

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    “Dear Steve, 25 Year Old Man Work for Big 4 Accounting Firm Salary – $75K Credit Card Debt – $25K with 18.99APR High 600 – Mid 700 Credit Score I have a steady income but do not see a way I can pay off my credit card debt anytime soon with such a high interest rate. What is the best ... Read More »

      American Express is the Least Helpful and Scariest Creditor I Have. – Patricia

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      Patricia “Dear Steve, For 10 years I was self employeed making very good money on the inernet. Over the past 6 months the sites I got work from began to close, or remain open with little to no clients. My income dropped 80% (seriously) I am 3 months behind in my mortgage and currently working with them. I owe the ... Read More »

        Sally Provides More Information. Follow-Up.

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        “Dear Steve, Dear Steve, Thank-You for your last response. (See original question Are the S Corp and LLC Debts Debts Going to Cause Us to Lose Our Home? – Sally) I think I didn’t explain enough which led you to think I was or we were not being responsible. First off, my husband ran his business very successfully for almost ... Read More »

          We Are Using Money From Our IRA to Pay Our Bills. – Sandy

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          “Dear Steve, This is going to sound like we are are sleeze bags. Wife and I age 60. We owe $170K on credit cards and $295K on house that is worth at best $250K. We have about $110K in it. House was huge mistake… We have just under $500K in our IRA’s and zero in personal assets, other than Honda ... Read More »

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