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Mission Viejo, CA 92691-4007
Internet investment scams/Ponzi's/fraud is rampant on the Internet. These criminals are stealing billions of dollars worldwide almost with impunity. From 2007-2009 we estimate that over $500 Billion dollars was stolen worldwide, with $300 Billion dollars of that here in the US. People are woefully inadequate in their knowledge of investments. In the US over 1800 agents from white collar crime units were moved to Homeland Security issues with no replacements.
You would think with the worldwide economic situation, these illegal programs would be reducing in volume. Just the opposite is true. They prey on the public because they know they are afraid, and many are desperate. It also makes no difference as to how little or how much education you have to become a victim. Today their target audience is people from 50-70, highly educated, self-reliant, financially literate, and high income. Our research has shown that the breakdown of the ratio between males and females being victims are now 55% male and 45% female. Two years ago it was 65-70% male.
One of the major problems is that victims will not report their losses to the authorities. Mainly because of embarrassment, ego, pride and denial. This means that the total losses are under-reported by at least 40% and we believe this to be closer to 60%.
Eagle was formed to fill the gap left by law enforcement, and to educate the public. We have a dedicated team of professionals that have assited federal law enforcement agencies in the closure of twenty-two illegal programs, and charges filed against the criminals running them. Currently Eagle has five assigned agents from federal law enforcement agencies through whom all our research information is submitted and assist them with their investigations when requested.
We believe that an informed public is the best resource against people becoming future victims. Eagle conducts free community seminars to educate the public on these subjects: Affinity Fraud, Bank Phishing E-mail Fraud, Nigerian 419 E-mail Fraud, Fake Job Offers, Cash Gifting Schemes, Illegal Pyramid Schemes, Investment Fraud, FOREX Ponzi Schemes, Identity Theft, and Arbitrage Betting Schemes.
Eagle's founder/president, Lynn Edgington, to further educate the public is the author of "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It", which is available on Amazon.com.
Eagle's goal is to eradicate these criminals from the Internet within 5 years. With the financial support of the public of all financial means and corporations/companies, we firmly believe this goal can be achieved.