SEC Sees First Bitcoin Ponzi Scheme

In a new twist to a Ponzi scheme, a Texas man faces charges involving the first federal criminal wire and securities fraud involving a Bitcoin-related scheme. Bitcoin is a virtual currency that isn't backed by governments and doesn't involve banks or other... Read More »

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Common Securities Fraud, Stockbroker Misconduct Scams

Stockbroker fraud and misconduct is all too common. Investors put their complete trust in stockbrokers or financial advisors, only to see their money disappear due to bad advice. Stockbroker fraud and misconduct may involve the act of misleading an investor or purposefully providing... Read More »

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Beware of Stock Fraud Schemes and Investment Fraud

Stock fraud schemes and investment fraud include a wide variety of ploys on the part of deceptive stockbrokers and financial advisors. Investment fraud tactics range from inducing investors to buy or sell stocks that will knowingly result in losses to pressuring risky... Read More »

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Stock Broker Misconduct: What You Need to Know

Many lawsuits have been filed against stock brokers or financial advisors over alleged mishandling of funds. Of course, the stock market is not 100 percent dependable, and people can take financial hits by no fault of their stock broker. However, there are... Read More »

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South Fla. Stockbroker Accused of Investment Fraud

With investing, the goal is to have your money, and your stockbroker, work for you. Investing, theoretically, means your money earns you money. Rules were put in place by the Financial Industry Regulatory Authority (FINRA), and by state and federal securities laws,... Read More »

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NJ Stockbroker Charged With Stockbroker Fraud

A New Jersey stockbroker has been accused of stockbroker fraud, allegedly taking more than $100,000 of investor money and spending it on himself. The stockbroker, Evan Kochav, allegedly used the money for sports tickets, personal travel and shopping, and even gambling expenses... Read More »

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Beware of Financial Advisor Fraud

Financial advisor fraud is a growing concern among Americans. Many people do not realize there are steps to take to avoid becoming a victim of financial advisor fraud. First, you should monitor your financial accounts to avoid financial advisor fraud. Many fraudsters... Read More »

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Five Signs Your Financial Advisor is Scamming You

For many people, the only way to attain financial security is through a long period of saving and investing. With investing, the goal is to have your money work for you. Investing is scary to many, which leads some to a financial advisor... Read More »

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Alleged Stockbroker Misconduct Leads to Arrests

Eight people have been arrested for investment scams related to pumping and dumping penny stocks through the internet. The eight allegedly made more than $30 million on some of the sales they made, and defrauded a total of $290 million from thousands of... Read More »

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Stockbroker Misconduct, Financial Advisor Fraud Lawsuit Investigation

Who's Affected Have you lost money in the past several years investing with your stockbroker or financial advisor? Do you believe that your stockbroker or financial advisor has made unsuitable investment recommendations to you that have caused you to suffer significant investment... Read More »

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UBS Mutual Fund Class Action Alleges Financial Mishandling

A group of investors in Puerto Rico allege that a major financial services firm took advantage of investment loopholes, engaged in shady activity, and failed in its fiduciary duty, according to a UBS mutual fund class action lawsuit. Legal requirements in the… Read More »

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Elder Financial Abuse Examined

One of the biggest social epidemics in the United States is the trend of elders being taken advantage of for financial gain.  Classified as financial elder abuse, senior citizens often find themselves the targets of exploitation because of their weakened physical and… Read More »

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Annuity Fraud Makes 2014 IRS Dirty Dozen List

The Internal Revenue Service issued its annual “Dirty Dozen” list of tax scams, cautioning taxpayers to protect themselves against a wide range of schemes this tax season. “Taxpayers should be on the lookout for tax scams using the IRS name,” said IRS… Read More »

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