Monday, October 31, 2011

Confessions of a Gold Scammer


http://gma.yahoo.com/confessions-gold-scammer-112850761.html

27 comments:

  1. I do not understand how people have the conscience to treat others with so much disrespect and so much dishonesty to scam 1,400 people out of tens of millions of dollars. Mr. Jamie Campany is the man who did such thing. He even agreed to go on a live interview to discuss how he was able to scam so so so many people. That right their shows the kind of man Campany truly is. Taking advantage of innocent people is not ethical and this is what he truly did to the upper-class individuals who he believed would truly fall for his tricks. Campany feels bad for what he has committed but I think he is just pleading that out of sympathy. He deserves to spend 25 years in prison and I hope the judge feels no sympathy for Campany.

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  2. Based on his public confession, that will show us if he’s truly sorry for his crimes. However, Jamie Campany is nothing more than the other shady criminals out there. His apology may look compassionate, but in reality Jamie Campany is a con artist. Talking people out of their money over the telephone probably isn’t that easy, but these guys found some real dummies out there to feed into their plan. I know it’s harsh to say these people got what they deserved, but in all seriousness – one should do their research before they invest their money into something. Some scammed forms and the gift of gab made this criminal millions with ease. Yes, these people were scammed trying to dig their selves out of a hole and/or make more money during the beginning of our financial crisis by investing in gold. But, through the improper channels things like this can happen. There are still plenty of ways to invest in gold legitimately and safely because the worth of gold has skyrocketed exponentially in the last five years.

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  3. I do not believe this man, Jamie Campany is sorry for his actions and I believe if given the opportunity he would continue in his criminal ways. This man should be forced to repay back all of his victims, and if he is truly sorry then this shouldn’t be a problem. I don’t think he has spent all of the millions of dollars he stole, and he probably has the money hiding in secret accounts and repaying his victims at least some of the money would show that he is truly repentant for his crimes. I hope this man gets the full 25 years in prison and suffers from the guilt of his crimes. I feel horribly sorry for the victims of his crime, especially the elderly people who gave him all of their life savings. People need to be aware of scams like this and need to be more educated in matters such as this. This scam is just one of many that continually happen and are mainly aimed at elderly people who are more trust worthy and usually have the money to put into these scams.

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  5. It’s kind of scary that something as simple as Google maps can be so easily accessible to criminals and just people in general. There was nothing high tech about this mans, plan to scam tens of millions of dollars out of people, he simply used Google maps to find people with the largest homes. If this doesn’t prove that our expectation of privacy has gone down, than I don’t know what does. One could argue that what he did is a violation of their Fourth Amendment right, but seeing as the public has access to this feature, that throws that argument right out of the window. What’s shocking to me is not only the fact that he was able to pick his victims by simply used the internet to find their homes, but the fact that these people were so easily manipulated into giving this man so much money. When they told him that they didn’t have any money, and he replied well sure you do, you have a 401K that within itself would have been a red flag for me. I guess this just goes to prove that you can never underestimate how gullible some people are.

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  6. Obviously, like in many other frauds, trusting people with one's money is a huge issue. However, some easily fall into the "victims" category and get screwed over. Yes, I have sympathy, but really! Come on now, yes the worth of gold has increased gradually within these past year, but you have to think above and beyond. There will be con artists like Jamie Campany, as Nick mentioned, that will screw people over when MANY are trying to invest in gold all at once. Well, Mr. Campany was able to scam over 1,400 people simply through the use of Google maps: way to help out criminals on this one! The interviewed victim was scammed by $75,000, alone! The 25 years in prison that Mr. Campany will be serving is a reasonable time, however, I still think that at least a certain percent of money should be paid back to these victims. I don't think he has spent all of the money, and if so, shoot, come up with it and pay back!!!!! From here on out though guys, do your research before investing into what you think is "the right thing" when in reality, it's just a jar full of bull!

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  7. Apparently there are still people out there that are still willing to give scammers a free paycheck with a simple phone call. Google in this case really needs to rethink how they are allowing so much information being available online. There are confidentiality forms that should be provided to residents who do not want their personal information available with a simple click online behind their backs, let alone their residential home grounds. I was mind boggled when I was able to view the front of my house and driveway showing all our vehicles online thru Google Map. This is crazy, not only are scammers reaching out to you this way, but what about criminals that are seeking free ways of retaliation and/or threat? I’m sure Google was being mindful to those that need easy access to getting somewhere quick, but leading criminals such as Jamie Campany and his associates right to the front door of your home to rob you blindsided was probably not the outcome these victims that were affected had in mind. Of course little old ladies are skeptical about giving information and money to complete strangers because they are not money hungry like younger people are these days. Who makes investments over the phone with a complete stranger that just calls you up one day, whispers sweet lies and deception to mislead you, and you believe that you will not only get what you give but more? Those people are just as ignorant and ego boosted as Campany’s associates. They deserve what they had coming, you hear it on television, you see it in the news, you are warned and still you let your guard down and see dollar signs that are now empty signs in your pocket and bank accounts. Campany is right, he hopes this is a lesson learned but he is not sorry for what he did. He knew exactly what he was doing while doing it, the only thing he is TRULY sorry about is that he got caught before he could figure out an escape route.

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  8. I personally don't pay any attention to any advertisements I see about cash for gold and etc. I believe it is all hog wash. I would keep my jewelry anyway. But for people to fall into this scam surprises me and doesn't at the same time. People should research stuff like that when it comes to giving money to people. Especially over the phone. I was surprised how many people fell into this scam though. And how much money they invested. The one guy invested $75,000. Why on earth would you do that? That's a lot of money to invest in something that you heard about over the phone. I would buy a new car or something. Some people are just so careless and let their greed get the best of them. As for Mr. Campany, he is someone who should be locked up and everyone else like him should be. They are the reason these scams happen. He says he feels guilty and if he felt guilty he wouldnt of done it in the first place. He should have to pay all those people back. What a JERK!

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  9. I honestly don’t think a public confession and pleas for forgiveness are enough to say Company is truly sorry for his crimes. It’s safe to say, I think that if he weren’t caught he may still be doing it today. It’s easy to apologize now, but where were the apologies while he was stealing money from innocent victims? He even hired telemarketers and came up with a fake organization just to rip these people off. I’m glad he’s serving his time and I think that more of these people need to be taken away from society. Company was greedy and money-hungry, as many people are, and deliberately stole from and deceived others to benefit himself. Sorry or not, you do the crime, you do the time. I think we should maybe forgive, but not forget. What this man did caused damages that are irreversible, and needless to say gives Americans more of a reason NOT to trust where our money goes.

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  11. When I look at this I really do not seem to all that surprised that Company managed to pull this scam off. How, one may ask. That is simple, he went after people were wealthy and/or well off. These are the types people who looking for ways receiving that huge return on their investment. So an opportunity such as the one Company was promoting in combination with greed, the result... Going on what Kristi said, $30 million is a lot, how can one spend it all in a short amount of time. Anyone I have known would cry if they are to serve 25 years in prison. Instead of apoligizing why do he not return the money? If one is looking for a chance of capital gain, do the research. Never trust a stranger especially over the telephone. With the improvment of technology privacy is being more and more difficult to protect.

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  12. I have no idea why people buy into these scams. This company did it good but almost got away with it. I see advertisements on tv but I never pay attention to it. They should make the guy just pay back all the 30 million he spent. On the other hand, people should not fall into these lies. I believe people should be more aware about of such lies. If it is to good to be true it propblably is, no matter what.

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  13. This story makes me so sad, reminds me that some people have no heart, no humility, no respect, and I am even more upset when I consider that Campany is, “hoping his public confession will show the judge that he’s truly sorry for his crimes.” Honestly, Jamie Campany tricked/scammed, “more than 1,400 people; out of nearly $30 million,” that is a staggering amount of money. Even more saddening is the words he used to manipulate victims into investing their, non-performing, “dead dogs,” such as people’s 401k’s and stock portfolio’s. It seriously is very upsetting to know that all those 401k’s most likely came from people who have dedicated their lives to working hard and honestly. I simply, can not understand what motivated Jamie to take part in such a selfish and dishonest scam, I know that there are others who have committed this same action, but I am left in upsetting astonishment every time.

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  14. The first thing I want to say is this is not the fault of Google Earth. If you recall when Google Earth first hit the internet, it was a real time view of what you were seeing. That has changed since the criminal activity that happened in the beginning of Google Earth. Jamie Campany used Google Earth to find well to do homes instead of driving through neighborhoods, renting or leasing a plane or helicopter to do the same thing. If Jamie Campany was only targeting the well to do that would seem to me that they are somewhat educated? I understand that our economy right now sucks and we all want to make money instead of losing everything we have, but to give money away over the phone with no questions asked. That makes no since to me. I would not take any money out of my 401k or any other investment no matter whether it was a “dead dog” or not. The term “dead dog” is one that is used in the business world to describe non-performing stocks. I’m not saying what this man did was right but he did not do anything different than any other scammer has done in the past. I think that every person that has committed any form of white collar/corporate crime should spend many, many years in prison and return the money that was taken from the innocent. I find it hard to believe that Mr. Campany spent over $30 million without any of it being invested in some shape or form.

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  15. Wow! Not gonna lie...this scam is like beating a man when he's down. Now I realize that Campany was targeting people with larger sums of money, but convincing people to roll over their retirement plans because the market is already not doing well? Even people who have large sums of money have taken a bit of a hit with this recession, and now some of those people are also looking at their saving plans being gone because someone figured they could earn a lot of money real fast this way. I have always been a bit leery of what would happen with google maps putting up images of peoples houses and such. This just proves my point on how it's a very bad idea. Personally I think that a good dose of common sense on the investors part would have prevented this scam.

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  16. It is crazy to companies and people to go great lengths just to make some money. They made nearly 30 million dollars by scamming more than 1,400 people! This is why you get a receipt or some kind of document for everything you invest of buy these days. There are so many people these days that try to scam you and take your money everyday. Its said that they would make you go into your 401k. I also do not believe his apology at all. I mean I am sure he is sorry for what he had done but if Jamie Campany did not get caught, I am sure he will be still trying to take money from people. This is a good example of why you do not give money to a so called "company" over the phone.

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  17. The bad thing about this is it will hurt the companies who do have legitimate gold for cash businesses. People are going to think twice about using these businesses. So not only are the people who were deceived hurt by this scheme but so will the employees of businesses who actually perform this service. Another thing about this is the radio personalities who endorsed this business, did they not have people research this company before deciding to run their ads. I have heard some of the radio talk show hosts push this company to their listeners. The question I have is did they get some sort of payment for that and should they have to repay it since this whole thing was a scheme. The sad thing is some people will fall for a scheme no matter what and in the end they pay the price. That is why you always need to look into and verify the validity of a company before either investing or sending them your gold for cash.

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  18. It’s funny how he is “truly sorrow” now that he got caught. I wonder if he even felt bad while taking all this money? I hardly doubt it. The worst part about this is that he is only going to get like 15-25 years in prison. He should get life without parole! Why should we care about him when he didn’t care about the people that he took advantage of? We shouldn’t! This guy is a professional con artist who knows how to work people by using his ability to speak and say the right things. He goes son national television and confessing what he has done hoping that by doing so he will get a lighter sentence. We shouldn’t believe a word this guy says!

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  19. Everybody's Looking for a get rich quick scheme and this guy just new how to market himself in the Pathological Pursuit for that Profit!! It is sickening how people are so dependent upon the stockmarket and the government to tell them how much their belongings are worth and that the numbers they hold in a certain account are worth a magical amount that these people are JUST NOW realizing if you don't have anything tangible then your money's not worth the paper it's printed on!!! Roosevelt Taking this country off of the gold Standard was the DUMBEST thing any president could have done.... I BET if you open up FORT KNOX there's MAYBY A SMIGEN OF GOLD LEFT IF ANY AT ALL.... and I imagine key players in the Bilderburg group are behind it!!

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  20. I will never understand how somebody can walk all over another human being such a terrible way to make money for themselves. I personally don't have much empathy for Campany. He put himself in this situation, and he ended up hurting so many innocent people. I think his whole act is just even more of a scam-- pretending to be sorry for his actions so he will look better in front of the judge. It's not as if his brief interview actually helped anyone, I feel like we are all pretty aware that there are scams around us. This is just a public display in hopes that he will get a lighter sentence. Maybe he is sorry, but still I just don't believe it, because he definitely had opportunities to "feel bad" during the actual scam process but chose to really be sorry once he was caught.

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  21. Well I definitely don't think that Campany feels any remorse for his victims...I'd give a public apology too if I were facing 25 years in prison. Campany knew what he was doing was wrong, and he even went to the extreme of using Google earth satellite images to hunt for victims....he's a predator, just like any other predator in the more "sexy" crimes. It's disappointing that we live in a society where it is the norm for big businesses and individuals to work so hard to scheme people out of millions of dollars. But then again, it is becoming the norm as sad as it may be. I think in order to decrease the number of schemes and frauds that are circulating we must educate the public on the dangers of trusting businesses with a "get rich quick" appeal. Until the awareness is out there of the dangers of fraudulent investors, crooked businesses, etc., we will not see the end of this type of white collar crime. However, like we talk about in class, white collar crime isn't "sexy" enough and unfortunately more and more innocent people are becoming victims.

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  22. If Jamie Campany did not get caught he would probably still doing the exact same thing, taking peoples money for his own personal benefit. Of course he has his apology and if he is truly sorry then so be it. What the governement should make this man do, is return every cent that cost people. If it makes him go bankrupt then so be it. Guys like this disgust me, how can you sleep at night knowing that youre ripping thousands of people, families off? With our economy in the shape that it is in...people like Campany should be prosecuted to the max, not that it is ok for people to use scams like this when our economy is in better shape. I am just saying, he should be prosecuted to the max. He used words wisely to rip people off, should we believe his apology?? This reminds me kind of like the Michael Vick case. Yes Vick didnt hurt people by taking their money, but he hurt people in other ways. Michael apologized, served his time, and I am a fan of Michael. He has taken the right steps in order to regain peoples trust. I hope this Campany guy does the exact same thing.

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  23. Dude, stop with the crocodile tears. You knew exactly what you were doing when you started that mission. Your main concern now and at that time was you! After searching around for a scheme, that would be untraceable for a while and seeking out certain people to prey on, with the use of Bing Maps and Google earth you went in to get your target. How would it feel it the people you preyed upon were your parents, uncles or aunts?

    It took a lot of time and effort to illustrate a scheme of this magnitude; a few minutes on TV do not even do justice to the victims or even remotely demonstrate a need to apologize for his actions. More local, state and federal government agencies such as the FCC, FTC and the BBB should be involved more and monitor all business and companies that are started to ensure the safety and well being of the consumers. If the monitored or even investigated the “boiler room” companies that change their names and location every 30-180 days, a lot, of these types of crimes would be abolish.

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  24. Is Jamie Campany really sorry for his crimes? I doubt it. Even though I am fully aware of the malice that exists in people, it always surprises me when someone actually puts it into practice. Scamming perhaps isn’t as aggressive as other crimes but the end is always the same…people get hurt. Someone always gets hurts. This sleazebag disgusts me further by going on television and telling everyone how he pulled it off! Boastful much? He’s not sorry. I wonder how he would feel if he were on the other end…being ripped off of his retirement fund, or son’s college tuition money, or perhaps emergency savings…I don’t think he realized the gravity of his crime. Many families have been destroyed because of financial hardships. How many did he destroy?
    I think that people really need interest themselves in stories like these. They need to be aware that people like Campany are out there waiting to take advantage of others. When someone calls you asking for money, question it. Dig for the facts and be certain that you’re investing in a legitimate company. You don’t hand out your hard earned money for the fun of it, do you?

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  25. It is incredible how people can scam so much money out of so many people. Thirty million is so much money. Does no one question or investigate one who makes so much money so quickly? It baffles me how one person will go so far to make money and in the process hurt and ruin several people. It seems as if no one has a conscience anymore. What is happening to our society?

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  26. It is amazing how a small company can scam so much people for so much money. People in todays society invest in the wrong programs and end up losing there money to a soon to be millionaire! He might have been rich for awhile but now he is heading to jail to live out a long sentence. Im glad people are getting caught for white collar crimes and not just violent crimes.

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  27. I can see why people would want to invest in gold. hey it is something that you can hold. i have no clue why they did not.but those people should have ran a check before doing anything. and yeah paper is nice but still. i want to say people are stupid for doing this but if something sounds good, and will take away some burdens them most people will take a chance at it. white collar crime is where the money is at, atleast it looks that way to me. lol

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