Six years after Bernard Madoff became a household name people still fall for Ponzi schemes. That's probably because schemers have a tried and true method backed up by psychology.
Last year there was a big $96 million Ponzi scheme on Long Island. It had all the trapping of a Hollywood con: offshore shell companies, luxury cars, and there was even a famous beachfront resort near the Hamptons.
But for the victim there was nothing glamorous about it
"I thought it was some run of the mill fund," Jan says in a sweet Texan twang that makes friends of almost any ears.
One of the two hospitals in Waterbury, Connecticut, announced on Tuesday that it has agreed to be acquired by Texas-based Tenet Healthcare Corporation. Officials say St. Mary’s Hospital's Catholic heritage and religious directives will be honored under the terms of the agreement.
The mayor of Bridgeport, Connecticut is asking his community to work together to prevent violence, following two killings and a number of other shootings over the weekend. A 23-year old man was shot and killed on a city street early Sunday. On the same night, a 24-year old woman was killed in a domestic violence incident. Violent crimes and robberies in Bridgeport are reportedly down so far this year, after a double digit reduction last year. But as the summer weather heats up, there’s generally a spike in violent crime.
Authorities in Ridgefield, Connecticut are investigating the death of a 15 month old child who was left unattended in a hot car on Monday. Connecticut State Police Spokesman Lieutenant J. Paul Vance says leaving a child alone in a car could be considered a felony.
"It seems like it is an issue that's risen to the surface," says Vance. "It seems like parents should not be reminded about this but we're doing that we're reminding them."