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Paris gets swindled in movie scam

Clark never thought he’d be talking about Paris Hilton. But the hotel heiress recently got swindled into a stock scam that involved a phony movie and lots of angry investors, according to the New York Post. Apparently, Hilton hooked up with two men who wanted to cast her in a few movies. The first was “Pledge This” and the other was “Guest List Only.” Well, the movies were never going to happen. Instead, the men shot a few scenes with Hilton, showed them to potential investors and got those people to invest about $300 million. It turned out that both men were convicted con artists and Hilton was an innocent bystander. It just goes to show that investing in a “hot” tip can come back to bite you.

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This week's poll
Which of these recent rip-off alerts shocked you the most?
Campuses taking kickbacks from health insurers.
AT&T settling a lawsuit over 3rd party billing charges.
Online loans coming with interest rates as high as 2,000%.
Scamsters pretending to collect funds for flood-relief charities.
All of the above.
None of the above.
see previous polls


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