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All Press Releases for April 21, 2008 Subscribe to this News Feed      
 

Take a Journey Through Cyberspace Scandal With Businessman's Memoir

Vincent Panettiere tells his cautionary tale of searching for financial opportunity on the Internet in his memoir, "The Internet Financing Illusion."

Los Angeles, CA (PRWEB) April 21, 2008 -- When Vincent Panettiere needed financing for his film production company, he turned to the Internet for investors. After more than 200 unsuccessful leads and a life-consuming ride on false hopes through the World Wide Web, Panettiere changed his focus and wrote "The Internet Financing Illusion" (ISBN 9780595385676, iUniverse, 2007), a memoir of his wild, unforgettable journey.

His cautionary tale really took off in early 2003 when Anamika Biswas of Kolkata, India claimed to have $33 billion to invest. She then led Panettiere and about 20 other hopefuls down her jagged path of deceit. Eventually, Panettiere said he realized the truth before losing any money.

Panettiere decided to write the book to inform others of Internet scams and also to debrief himself on those eight months of his life. "I wanted to see exactly where I'd been and what I'd been doing," he says.

To warn others of the illusions within these Internet financing deals that really are too good to be true, Panettiere includes actual e-mails from Anamika to point out the inconsistencies and manipulative language often used by scam artists. An appendix also includes many informative and illustrated examples of scams and how to avoid them. Panettiere also warns of certain terms, such as "courier fees," and anything requiring substantial up-front costs, which should raise suspicion immediately.

"The Internet Financing Illusion" is a must read for anyone who scours the Internet looking for the deal of a lifetime, but also anyone tempted by advertisements that claim you can win big instantly. The fast-paced plot of this powerfully written memoir unfolds like a suspenseful novel circling around greed, false hopes and a colorful cast of characters.

About the Author
Vincent Panettiere resides in Los Angeles, Calif. He is a former literary agent, representing writers and directors in television and film. Previously he was an executive with Twentieth Century Fox and CBS and a reporter with the Boston Herald and the wire service UPI. Although his film was never financed, he is still hopeful.

"The Internet Financing Illusion" (ISBN 9780595385676, iUniverse, 2007) can be purchased through local and online bookstores. For more information visit www.pancolit.com. Publicity contact: www.readerviews.com. Review copies available upon request.

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ATTACHED FILES

Vincent Panettiere, author of "The Internet Financing Illusion"

Vincent Panettiere, author of "The Internet Financing Illusion"

Book cover of "The Internet Financing Illusion" by Vincent Panettiere

Book cover of "The Internet Financing Illusion" by Vincent Panettiere

Interview with Vincent Panettiere, author of "The Internet Financing Illusion"

Interview with Vincent Panettiere, author of "The Internet Financing Illusion"

Review of "The Internet Financing Illusion" by Vincent Panettiere

Review of "The Internet Financing Illusion" by Vincent Panettiere

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