Stamping Out Savings
Lured by the promise of 6% returns, and hoping to save money for her autistic son, Felisa García Castro invested €30,000 over the last decade in the Spanish collectibles firm Fórum Filatélico. Last week, the 41-year-old Barcelona administrator learned the trading company she thought was putting her savings in valuable stamps was instead using it along with the savings of another 210,000 Spaniards to advance an elaborate pyramid scheme that netted company executives huge profits. "I've gone 10 years without a vacation so that I could put money away for my boy," says García Castro. "I can't begin...