investment adviser fraud

  • If you don't want your money to be swindled out from under you, don't invest it in a brokerage account, says Larry Kotlikoff. Photo by  shironosov/iStock/360 via Getty Images.
    June 20, 2014   BY Laurence Kotlikoff 

    Every day brings new reports of financial fraud — BNP Paribas, Credit Suisse, JP Morgan — all of which is testimony to the large number of swindlers still at large “managing” our money, says Larry Kotlikoff. But he’s here today to warn against one particularly risky investment option, a brokerage firm, whose protection against fraud will leave you holding the bag. Continue reading

  • March 12, 2009   BY Admin 

    Bernard L. Madoff pleaded guilty Thursday to 11 charges that he orchestrated what may be the largest financial fraud in Wall Street history, cheating investors out of billions of dollars in a fraud that has drawn demands for stricter regulations. Continue reading