"Quatloos" - A cyber museum of scams and frauds

>> Saturday, November 15, 2008

"Quatloos" is a FREE to access site helping us learn about financial scams and frauds around us. The weapon to fight scams and frauds is to get knowledge about it. It can help us saving our money from fraudulant peoples who are around us and trying to grab it from us.

What is 'Quatloons'
Quatloos is a public educational website covering a wide variety of financial scams and frauds. Quatloos is sponsored by Financial & Tax Fraud Education Associates, Inc., a California not-for-profit company. It is an ad free site, supported by donations.

Mission: "This website seeks to educate you about certain types of financial frauds, how these deals really work, and how you can manage your risk of financial fraud"

What this Cyber Museum offers us?

* Quatloos! covers a wide variety of financial scams, including wacky “prime bank” frauds supposedly involving $100 Billion dollars investments that you can buy for a mere $100, exotic foreign currency scams claiming 80% per week returns, and many forms of offshore investment frauds.

* Quatloos! also warns about many types of tax scams, including claims that payments to the IRS are voluntary or that the income tax is unconstitutional, to “Pure Trust” structures that purport to be financial black holes but in reality will win you an extended stay at Club Fed.

* Quatloos! keeps readers’ attention by collecting some of the funniest scams around, such as non-existent countries and financial programs that are guaranteed by space aliens from the far reaches of the galaxy, as well as would-be victims’ responses to the scam artists’ offers - such as the Brad Christiansen Exhibit where Brad leads Nigerian scam artists on wild goose chases around the globe to try to collect his money.

Funny though these scams are, the sad truth is that many persons – including otherwise well-educated professionals and experienced businessmen – annually lose tens and hundreds of millions of dollars to these scams. By raising the public’s awareness about these scams, and providing a valuable on-line resource where potential victims can read up on frauds and fraud artists quickly, Quatloos! has saved would-be crime victims well over $100 million dollars over the last five years and probably much more than that.

people worldwide send information to Quatloos! and in many ways it has become a clearinghouse for information on the latest scams. Additionally, many law enforcement agencies have requested the use of Quatloos! materials for law enforcement and training materials, and Quatloos! materials are now being included in many books and articles written about scams.

Their forum is a place to discuss frauds and scams. Comment on Quatloos, give ideas for improving the website or fighting fraud, exchange theories on the origins of the term “Quatloos!”, and other stuff relating to the Synergistic Debentured Netdom of Quatloosia.

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