In the News: "a 'surety bond' that appeared to completely protect their investment."

[Surety Insider]

Here is a link to an article about a nightmare scenario of a surety claim which, in my experience, brought the Securities and Exchange Commission (SEC) in to audit both the surety and its agent.

The perpetrators had used forged bonds and POAs received as samples from the agent to purportedly guarantee investments.

[Admin]

The guy made a fake surety bond and then claimed he didn't know that would be misleading...Is anyone else seeing any contradictions here?

[Surety Insider]

I once had a bankrupt contractor/principal/indemnitor bounce a paycheck he wrote to himself, then make a claim for it. Truly an innovator in the field of payday loans.

Here's another good one that came to my attention, TIMES NOW expose: Fake surety racket.

Quite the cautionary tale, complete with an ominous soundtrack (click video.) Don't let this happen to you.