Wally
Wally GRM+ Memberand SuperDork
9/20/08 10:37 a.m.

Apparently someone does fall for those e-mails, and it couldn't happen to a better person

http://www.nypost.com/seven/09192008/news/regionalnews/nigeria_nut_outscams_stox_crook_129828.htm?CMP=EMC-email_edition&DATE=09192008

A stone-hearted - and rock-headed - securities broker stole hundreds of thousands of dollars from elderly clients, money he then sent to Nigeria in hopes of collecting an $8.7 million inheritance from a "long-lost relative" who e-mailed him, prosecutors said yesterday. "Yes, he fell for that scam," Manhattan District Attorney Robert Morgenthau said of Tripp & Co. broker Michael Axel. "It's a classic example of a con man getting conned." If the charges against Axel, 69, are true, he doesn't make for a very sympathetic victim of the ubiquitous and notorious Nigerian e-mail scammers. Prosecutors said that among those he ripped off were a high school teacher and a 90-year-old woman living in a nursing home. They also believe he stole from an account shared by a mentally incompetent 83-year-old man and his daughter, who was dying of ovarian cancer. Prosecutors said they weren't able to file criminal charges in that instance because the woman died before they could make their case - but they did charge Axel with stealing from another account the 83-year- old shared with his son. Axel, 69, pleaded not guilty to charges of forgery and grand larceny, and was released on his own recognizance. Manhattan Supreme Court Justice Lewis Bart Stone ordered him to come back to court on Nov. 16 for "a possible disposition" of the case, a sure sign a plea deal is in the works. Prosecutors said Axel's first victim was a teacher whom he started ripping off in 2002. Morgenthau said Axel had asked for checks to be cut from the teacher's account and sent to him for delivery, when no such request had been made. He then forged the teacher's signature and deposited the checks into his own account, the DA said. He allegedly stole more than $150,000 from the man over three years. Axel's need for cash reached a fever pitch in 2005, when he got an e-mail from a Nigerian "lawyer" concerning an $8.75 million inheritance. Of course, the e-mail came from a spammer. Morgenthau said Tripp & Co., which is based at Rector Street, repaid Axel's clients, and Axel has so far repaid the firm half of what he stole.
skruffy
skruffy Dork
9/20/08 11:35 a.m.

/plays the worlds tiniest violin

914Driver
914Driver HalfDork
9/20/08 1:15 p.m.

Poetic justice.

What goes around comes around.

Etc.

Etc.

Tommy Suddard
Tommy Suddard GRM+ Member
9/20/08 1:31 p.m.

Who do the Nigerian Scammers get scammed by?

stuart in mn
stuart in mn Dork
9/20/08 6:45 p.m.

I just read this in the police blotter section of my local newspaper a couple days ago:

Fraud. A man who lives on the 9700 block of 45th Avenue said he found information on a home for rent on Craig's List. He said he made contact with the person who placed the ad and was told to send money to an address in Africa, which he did. He then talked to residents at the address of the home and found that it is not for rent and they knew nothing about the ad.

Jensenman
Jensenman SuperDork
9/20/08 6:53 p.m.
skruffy wrote: /plays the worlds tiniest violin

One in each hand: stereo.

Poetic justice.

neon4891
neon4891 Dork
9/21/08 12:32 a.m.

seams he was ripping one guy off for years before the email...

nelson haha

PeteWW
PeteWW New Reader
9/22/08 2:09 p.m.

Sounds like a convenient way for the broker to hide the stolen money.

John Brown
John Brown GRM+ Memberand SuperDork
9/22/08 3:14 p.m.
PeteWW wrote: Sounds like a convenient way for the broker to hide the stolen money.

+1

Jay
Jay HalfDork
9/23/08 2:12 a.m.

This line just makes the whole story:

"Yes, he fell for that scam," Manhattan District Attorney Robert Morgenthau said ...

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