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Advisor: I think you mean the bike. Gets confusing, doesn’t it? [Note: “Roy” was busy scamming so many people at once - he couldn’t remember what he was buying from me!]

Don’t take it personally. A few of days later, the Advisor grabbed a couple of cruise images off the Internet and texted them to “Roy.” “Thanks Roy! Wish you were here!” You da man!

J

“Roy:” Are you f...ing trying to rip me off because I want to buy a bike from you? I don’t believe this s--t.

ordon Zemlock, 50, the owner of Jay-Zee Financial Group in E. Brunswick, N.J., was sentenced to 10 years in prison for defrauding 20 clients out of more than $1.4 million.

Advisor: I’m really sorry Roy. Just haven’t had that much money in my hands in a long time. We always wanted to go on a five day cruise Roy. We got a really nice cabin and we leave Monday. “Roy:” How much do you have left with you? Advisor: Not a penny left. You can understand, right? “Roy:” All of the money is gone? I trusted you here!!! Advisor: Every penny Roy. “Roy:” You -f...ing crook! I will have to contact my account officer to put a stop payment on the check. You are in big trouble!!

NJ AGENT FACES 10 YEARS FOR $1.4 MILLION SENIOR SCAM

Of course we really had handed the check over to the US Postal Inspector - but in “Roy’s” scammer mind, the cash was already in his hot little hands - and the Advisor yanked it away. It was almost as satisfying as pulling real money out of his pocket.

Zemlock held himself out to be a financial advisor. He took funds from clients and promised to invest, however, he used most of the money for personal needs. He plead guilty to operating the scheme between 2009 and 2012. Zemlock was also orderd to pay restoration of the funds to his clients - but actual payment is unlikely.

DOCTORS AND HEALTHCARE WORKERS WALK OUT ON OBAMACARE TALK

Advisor: Too late - already paid. You are really just too trusting Roy you should be more careful who you are dealing with on the Internet. “Roy:” I’ll stop payment! You are a filthy filthy crook! You are to have that cash ready for my movers immediately! Advisor: The money’s all gone Roy. www.underwritersinsider.com

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The Underwriter's Insider July 2013  

America's Largest Exclusively Online Insurance Magazine! Stay informed and entertained with the Insider's coverage of insurance, politics,...

The Underwriter's Insider July 2013  

America's Largest Exclusively Online Insurance Magazine! Stay informed and entertained with the Insider's coverage of insurance, politics,...

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