Videos
Tracy Coenen has provided her insight and comments about Ponzi schemes, investment fraud, tax fraud, and corporate fraud for news reports and shows on major cable networks.
Charitable causes, like a Haitian orphanage, can pull at the heartstrings of many. Unfortunately, these charities are being used as the front for "advance fee scams" which trick consumers out of hundreds or thousands of dollars.
Fox6's Contact 6 investigators looked into a letter received by a Milwaukee woman, which asked her to cash a check meant for a Haitian orphanage, keep part of the money, and send the rest to the scammers. What consumers don't realize is that checks like this are fake, and it may take days or weeks for the bank to realize it. By that time, they've sent part of the money to the scammers, and are on the hook for the entire amount of the bounced check.
Don't cash one of these checks. If it sounds too good to be true, it probably is. Free money doesn't come in the mail! Katrina Cravy explains in this Contact 6 story on Milwaukee's Fox affiliate, WITI 6.
Millions of dollars are missing from a Milwaukee company, and an employee is charged with stealing a staggering sum of money. How deep the fraud goes is something investigators are still deciphering. FOX6 gives you a look at how they do it, and how they think one employee made off with millions.
In this interview with Milwaukee's Fox affiliate, WITI 6, Tracy Coenen talks with news anchor Brad Hicks about how the Koss fraud may have been perpetrated, and how the company apparently made it so easy for former VP of Finance Sue Sachdeva.
The case of the alleged $31 million embezzlement by Koss Corp. Vice President of Finance Sue Sachdeva continues to shock many. How does a company with annual revenue in the $40 million range lose such a large amount of money over a 5 or 6 year period?
In this interview with Milwaukee's ABC affiliate, WISN 12, Tracy Coenen talks about the autonomy Sachdeva apparently had at Koss, and how that facilitated the fraud and the cover-up.
All year long we’ve been seeing news story after news story about how “direct selling” (the name meant to disguise multi-level marketing and confuse consumers about the true intent of the companies) is a great option for making money during difficult economic times.
Tracy Coenen appeared on a special hour-long episode of CNBC’s “On the Money” devoted to scams and frauds. Check out the top five tax scams that consumers should look out for:
Tracy Coenen talked on CNBC’s “On the Money” about reducing your property tax bill by fighting your assessment. Property values have declined dramatically, and a homeowner could save hundreds or thousands of dollars by having their assessment updated to reflect the reduced value of the property.
CNBC’s “On the Money” focused on the Bernard Madoff Ponzi scheme that is estimated to have created over $50 billion in losses to investor victims. Tracy talks with Carmen Wong Ulrich about how consumers can protect themselves from Ponzi schemes.
CNBC’s “On the Money” wants consumers to know how to protect themselves from mainstream business opportunity scams and multi-level marketing schemes that could cost the average consumer hundreds or thousands of dollars.
