IL: Locals fall for riff on the old “Social Security” scam

posted by
December 29, 2010
Posted in News

"A local senior citizen fears she will lose her home, and it is through no fault of her own. Dora Goff says her problems are directly tied to a metro-east investor, accused in a massive ponzi scheme. The man in question is Edward Moskop, who ran an investment firm in Belleville for 20 years. ... Federal investigators say Moskop never invested his clients['] money, though, and instead used it to prop up a giant ponzi scheme. Some lost over a half-million dollars." (12/29/10)  

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