Spokane named "Scam Capital of the America"

This doesn't surprise me. When you have Spokane Pop Warner parents taking thousands of dollars from the program for their own personal expenses, this sort of thing is bound to stick.

Forbes named Spokane the Scam Captial of America, and here's why:

Forbes Magazine claimed Spokane should be known as the Scam Capital of America because of various schemes that have cost people millions of dollars over the years, including the Riverpark Square parking garage.

Forbes is the same magazine that named Spokane one of the best places for businesses and careers last month.

The latest article mentions alleged scams like Bluestar Technologies, a Spokane firm that settled a securities fraud case by refunding investors and paying $50,000 in penalties. It also mentions a father and son sent to prison for selling non-existent railroad parts on the internet.

The article mentioned a few other events they called scams, including the old Spokane Stock Exchange that closed in 1991 that Forbes said dealt in “questionable penny stocks”.

Forbes also mentioned the Riverpark Square parking garage public-private partnership that Forbes called a “$31 million parking garage bond hustle.”

Oh and there were two individuals that scammed $80,000 from the local Meals on Wheels organization, in case anyone is keeping score. Ladies and Gentlemen, Spokane, WA!