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The Carnival of Fraud 20

Welcome to another week at the Carnival of Fraud. I almost forgot to put this up this week! Never fear… I will always get to it sooner or later.

On with the Carnival!

Matthew Paulson once again visits one of my favorite topics: multi-level marketing scams! Matt likes to pick on the oldest and baddest MLM, Quixtar (formerly known as Amway but they are trying soooo hard to distance themselves from that name and everything it stands for). He got roped inot a recruiting session for Quixtar (which he calls a “sell to yourself” program) and walked away unimpressed.

Amy Lin discusses another favorite topic of mine: diamonds. She has an interesting post about the supply and demand in the diamond market and several of the reason why we may want to avoid them.

Chris Dolley treats us to part of his story “Nous Sommes Anglais”. It is the true story of his first eight months in France, which included his identity being stolen, life savings seized and, abandoned by the police forces of four countries, had to solve the case himself.

Fred Fry presents the 2006 disciplinary actions against stockbrokers who abused their clients’ money.

Wenchypoo treats us to an interesting read about the fiber scam and good bowel health.

This week I had a couple of posts related to Enron: an interview with whistleblower Sherron Watkins, and a report of the first Enron executive to be released from prison.

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