Browsing Tag
Fraud
36 posts
SEC Charges Advisor Firm, Principals with Defrauding Retired NFL Players
In an extreme case of unsportsmanlike conduct, a former RIA and an attorney who represented a group of…
Contractor Constructs Fraudulent $3 Million Recordkeeper Scheme
The owner of two contracting companies is facing jail time after pleading guilty to money laundering in the…
Former CEO Could Face 25 Years After Guilty Plea in Woodbridge Ponzi Scheme
It could be up to 25 years in prison for former Woodbridge Group of Companies CEO Robert H.…
Foreign Fraud—When Retirement Money Went Missing in Mexico
A warning for expat retirees living in dream locales—mind your money in unfamiliar territories, cultures and financial markets.…
Ponzi Pledges: Regulators Allege Fraternity-Run Fraud
A 56% return? Well, cash in the CDs and saving accounts, max out the credit cards and sign…
High-Tech Lowlife: Colorado CEO Convicted of 401(k) Fraud
A chief executive of two technology companies located in Denver, Colorado was found guilty of a host of…
San Diego-Based Advisor Accused of Stealing $7 Million
Not that anyone’s surprised, but he appears to have done it before. The Securities and Exchange Commission has…
How 401k Advisors Fight Financial Abuse
Last year’s passage of the Senior Safe Act sparked a number of industry articles shining the spotlight on…
Top 10 Senior Scams (And the Billions they Cost)
When advisors think of 401k fraud, high (and questionable) fees that can take a big bite out of…
Amish Community Targeted in 401k Fraud
An alleged Ponzi scheme involving the Amish community is being called a “landmark” case of fraud—not for the…