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Pension or Settlement Income Streams
Wed, 22 May 2013 06:52:49 PDT
Make sure you assess the risks and find out the tax consequences, the compensation of the salesperson, the reputation of the company, and who is ultimately paying you before going further.Read more
SEC Shuts Down Tankless Water Heater Scam
Tue, 14 May 2013 05:51:41 PDT
Stebbins and Jones traded Noble Innovations stock by using 28 accounts in 18 different names with 14 separate brokers to ultimately profit by more than $557,000Read more
New York Based Firm Charged with Pushing Investors Into Clean Energy Company
Fri, 03 May 2013 06:32:35 PDT
Although commissions and bonuses are standard procedure for investment advisors, an investor deserves to be told how much their advisor is making.Read more
Don’t “Test Drive” Investment Opportunities
Mon, 29 Apr 2013 08:14:01 PDT
The Test Drive is a way to trick you into giving money to an investment fraud, even though you may be reluctant to do so.Read more
CCOs Held Accountable For Regulatory Misconducts
Fri, 26 Apr 2013 05:37:10 PDT
Just like with the CEO and CFO, if the CCO is found to have been negligent, they should be held accountable for their mistakes.Read more
Financial Fraud Guide For Seniors
Fri, 19 Apr 2013 05:30:51 PDT
Eleanor Blayney of the CFP “It’s essential that elders be protected against financial abuse and be provided the tools to defend themselves against scammers… it’s time to shine a bright light on the shady operators who abuse our senior citizens.”Read more
Be Vigilant About Potential Boston Marathon Charity Frauds
Wed, 17 Apr 2013 07:35:04 PDT
Don’t let fraudulent charities deter you from helping those in our country who are in need.Read more
What does a scam artist look like?
Mon, 15 Apr 2013 05:56:51 PDT
The only way you can learn to spot a scam artist is to become educated about financial fraud.Read more
Diamond Hoax of 1872
Fri, 12 Apr 2013 06:26:27 PDT
Arnold and Slack received about $600,000-small change in comparison to the supposed value of the diamond mineRead more
Charitable Gift Annuity Fraud
Wed, 10 Apr 2013 04:53:07 PDT
Sometimes even the most reputable looking investments, in this case a charity, is using deceptive tactics to entice investorsRead more
Ponzi Schemes
Tue, 09 Apr 2013 05:35:33 PDT
A Ponzi scheme uses money put in by later investors to pay earlier investorsRead more
ZeekRewards Scams $600 million from over one million investors
Thu, 04 Apr 2013 08:01:37 PDT
No one knew the real story, that ZeekRewards was nothing but a well disguised Ponzi scheme.Read more
Recognizing a Sociopath
Tue, 02 Apr 2013 09:31:42 PDT
Don’t automatically give a person credit just because they sound credible.Read more
Refresher Course: Red Flags
Thu, 28 Mar 2013 08:57:36 PDT
If you notice one of these red flags, it means you need to do more research into the potential investment and/or your advisor.Read more
Money Laundering in Fort Lauderdale
Fri, 08 Mar 2013 08:09:22 PST
Accused of laundering $15 million in ill-gotten profits from an investment scam allegedly run by Mutual BenefitsRead more
Investors Need to be Careful with Bond Investments
Thu, 28 Feb 2013 12:00:04 PST
Individual investors have more than $1 trillion in bond investments todayRead more
Dangers Lurk in the Bond Markets
Mon, 04 Feb 2013 13:52:04 PST
Bonds have become so risky that bond-buyers are now being classified as “aggressive” investors by UBS.Read more
Junk Bond Funds Can Have Different Levels of Risk
Fri, 25 Jan 2013 13:04:24 PST
However, according to opinions in the financial press, both junk bonds and investment grade corporate bonds are overbought and positioned for a correction.Read more
LA Times Writer Exposes Dark Side of Investment Advice Industry
Mon, 21 Jan 2013 11:33:25 PST
Personal financial advice is often not in the customer’s best interest. Much of it is suspect and overstated.Read more
Much Uncertainty Exists in the Bond Markets
Fri, 18 Jan 2013 11:20:51 PST
With bond prices still near record highs and interest rates at record lows, higher interest rates and lower Treasury bond prices are inevitable – it is only a question of when that will occur. Investment grade corporate bonds are also seen as being at risk.Read more