Alleged Agency Fraudster Arrested by Feds

Excerpt from here:
"Solnin allegedly traveled the country preying on advertising agencies—many desperate to do business in lean economic times—promising a “unique opportunity” involving the promotion of three types of beverages: an energy drink, a vodka drink and a bottled water."

This could lead to all sorts of criminal action. How many big actual clients send out an RFP to many agencies then after work is done, presentations are made, does the project never happen or is never awarded to anyone due to budget or countless other excuses.

Agencies are taken advantage of each and everyday. But I guess they have no one but themselves to blame in the end.