Cyber Museum of Scams & Frauds
Type of site
Quatloos.com is an anti-fraud website maintained by a non-profit corporation, Financial and Tax Fraud Education Associates, Inc. It evolved out of a basic educational website on the topic created in 1997 by Jay Adkisson, an attorney and stockbroker, who has testified as an expert witness before the US Senate Finance Committee.
Forbes selected it as one of its "Best of The Web" sites in 2000. In 2003, it was featured in PC Magazine's "Site of the Week" series, and was included in their 2004 feature on the top 100 undiscovered web sites, where it was recommended as a good place to learn about scams and fraud. It is often cited as an authoritative source for scams in the financial media, and by government organisations, and has reportedly been frequented by employees of the US Justice and Treasury departments, as well as those of the US federal courts.
The term "quatloos" appears in an episode of Star Trek, although it may have been in use prior to this; it was the name of a currency used for betting in the episode "The Gamesters of Triskelion". It was chosen for the site as it has come to mean a "fictional currency", appropriate for a site that fights fraudulent money scams.
- "About Quatloos.com". Quatloos!.
- "Build Your Own Soapbox". Forbes. 11 September 2000.
- "Contributor Jay Adkisson FULL BIO". Forbes.
- "TAXPAYER BEWARE: SCHEMES, SCAMS, AND CONS" (PDF). COMMITTEE ON FINANCE UNITED STATES SENATE. 5 April 2001. p. 3.
- "Site of the Week: Quatloos". PC Magazine. 13 June 2003.
- "Quatloos!". PC Magazine. 20 April 2004. p. 90.
- "Tax Scams". The Motley Fool. 3 January 2003.
- "Let's get serious". MarketWatch. 17 January 2008.
- "Consumer Alert: Stranger-Originated Life Insurance (STOLI)". Ohio Department of Insurance.
- "Financial Planning or Fleecing of Seniors?". Califonia State Senate Insurance Committee. 27 February 2003.
- "White Hats Take to the Web to Dispel Anti-Tax Schemes". New York Times. 25 March 2004.