Published by CNBC By Sarah O’Brien Published 9:59 AM ET Thu, 21 Feb 2019 — Each year, an estimated 50 percent of people are victims of financial foul play, and 16.5 percent say it’s in the form of investment…
Securities Fraud
Published by The Wall Street Joural By Leslie Scism Updated Sept. 19, 2018 10:54 a.m. ET — A long decline in interest rates caused premiums to soar when they were supposed to stay level A popular insurance product of…
Published by Insurance news net By Jordan Smith Jan 7, 2019 — Commentary Traditional, nonguaranteed universal life insurance (often described in the insurance industry as current assumption UL) has been subjected to rather brutal criticism over the past few…
Published by The Wall Street Journal By Jean Eaglesham and Coulter Jones Nov. 17, 2018 8:00 a.m. ET — Brokers with scrubbed records are more likely to generate complaints, two academics found Thousands of brokers have scrubbed their records clean of…
Published by The Wall Street Journal By Ben Eisen and Lisa Beilfuss Oct. 27, 2018 12:00 p.m. ET — Annuity sales were $59.5 billion from April to June, the highest since late 2015 A retirement investment product associated with steak-dinner sales…
Published by Pittsburgh Post-Gazettte August 27, 2018 at 8:00 AM By LEN BOSELOVIC Scott Kohn, an ex-felon who orchestrated a nationwide scheme that victimized retirees as well as investors seeking safe monthly income, is nowhere to be found. Investigators…
Swindled Mass. Investors Blame Canadian Portfolio Managers By: Alison Noon Originally Published on Law360 Law360, Boston (February 16, 2018, 7:35 PM EST) — An attorney for 16 wealthy investors conned by an admitted securities fraudster and his sham hedge fund…
Ray C. Davis and Behavioral Recognition Systems, Inc., or BRS, Allegedly Made Solicitations of over $28 Million from Investors Involving Seven Equity Offerings Ray Davis and Behavioral Recognition Systems, Inc., (BRS) allegedly made solicitations greater than $28 million…
SEC is Charging that Woodbridge Group, the Developer of High-end Properties in Fork Valley and Other Locations, Allegedly Defeauded Thousands of Investors in a $1.2 Billion Ponzi Scheme which Purportedly Targeted Main Street Investors The U.S. Securities and…
Harbor Capital (Fairport, NY), Same Brokerage Responsible for Retired Teacher’s $450,000 Award, Back in the Cross-Hairs. ROCHESTER, NY (December 1, 2017) — Similar to the investment advice received by retired teacher Libby Jachles (recently awarded over $450,000 by a Financial Industry…