According to the Federal Bureau of Investigation, investment fraud entails the purported or illegal sale of financial devices. Though this type of fraud may occur in multiple ways, some schemes are more common than others. Those include pyramid schemes, Ponzi schemes,...
Month: November 2019
Red flags that you are dealing with a shady broker
Investors can incur major losses from a bad investment, which is why it is crucial to have correct information about what you are investing in. A broker who gives you bad information increases the risk that you will buy into something that will cause you to lose a...
Investors and challenges due to the breach of fiduciary duties
For individuals as well as businesses, investments can be tricky for a myriad of reasons. As if investing in and of itself is not difficult enough, many things can go wrong, including wrongdoing on the part of brokers and firms. For example, brokers may fail to uphold...
The emotional toll of investment fraud
In terms of finances, investment fraud has harsh repercussions. Some people lose a majority of what they have worked very hard to acquire, while others may lose a less significant but still sizable investment. Unfortunately, investment fraud often goes undetected and...
What does an investment advisor have to disclose to me?
As a Floridian, you save money for your retirement in the Sunshine State. However, there are times when the investments your advisor recommended you purchase help them more than they help you. The investment advisor has requirements on what they must disclose to you...