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Smartypig is a Des Moines-bases "social savings" enterprise, where savers can make their savings accounts visible to friends or family. The idea is to encourage savings through your social support network - sort of like Weight Watchers, but for money.
Trustypig has a website that looks just like Smartypig. Unfortunately, Trustypig is just a ripoff of the Smartypig site by Romanian scammers.
The real site:
The scam site:
Via Brett Trout and Andy Brudtkuhl, who both explain how to fight the ripoff.
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Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not necessarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to