Corporate malfeasance is a white-collar crime committed by a business or corporation by hiding their actual financial figures, which can severely harm the company’s shareholders and the company itself. This type of white-collar crime encompasses several types, such as: Misappropriation of company assets. Fraudulent reporting of the company’s finances. An entity attempting to obtain an […]
If you have watched “Dateline” or the local news, you know that scams targeting the elderly have become an industry. In 2021 alone, this type of fraud cost victims nearly $2 billion, and it affected almost 100,000 victims, according to the Federal Bureau of Investigation. There was an increase of almost 100% in elderly scams […]
It is tempting to invest in an opportunity that is seemingly risk-free. But these types of opportunities can be misleading or even illegal. A Ponzi scheme is an illegal investment scheme that could defraud innocent investors of thousands of dollars. Ponzi schemes are linked to affinity fraud. Affinity fraud constitutes a Ponzi scheme that targets […]
You’ve worked hard to build your wealth and invest in securities that you think are best for your long-term interests. However, in the blink of an eye, your financial stability can be wiped away by greedy investors. If that’s happened to you, then you may be considering what your options are. Fortunately, you may be […]
It only takes a quick glance at the news to see just how common securities fraud has become. This type of fraud can affect anyone who invests, too, regardless of the amount of wealth that they’ve accumulated. Not even well-known entities are necessarily safe investments, as is shown by the recently filed securities fraud charges […]
The technology revolution has resulted in major changes to our world in a relatively short time. For older adults, the constant technological changes have left many confused about who to trust and what to believe. Sadly, there are many people out there who take advantage of the elderly population for their own profit. Financial scams […]
If your investment broker has stolen money from you somehow, your first step may be filing a complaint. FINRA oversees conduct within the securities industry, and it has a robust system for investigating complaints against its members, who include brokerage firms and other entities in the industry. However, even if you have filed a complaint […]
If you have been wronged in the stock market by a broker or a brokerage firm, you may be familiar with FINRA. If you choose securities as an investment portfolio item, you place trust in your broker, but conflicts between you and your broker could occur. If so, you may need to discuss dispute resolution […]
Hedge fund managers and other financial professionals often encourage wealthy investors who meet certain criteria to invest in hedge funds to maximize their returns while limiting their risks. Hedge fund managers will then pool money from several accredited investors and invest it in securities and other types of investments. Investors often trust that their manager’s […]
If you’re worried that you’re being taken advantage of by your investment professional, you should ensure that you’re doing everything possible to protect yourself. It starts by recognizing the signs of fraud. With that in mind, be on the lookout for the following signs that you’re being cheated: Promises of large returns: The investment market […]