The elderly are amongst the most vulnerable amongst us. While this means that they may be more likely to be subjected to physical and emotional abuse, these individuals can be taken advantage of financially, too. Sure, friends and loved ones may try to squander money...
In New York, Puerto Rico and across the nation, people who are considering how to invest might be concerned they are not equipped with the knowledge necessary to do so safely. They will subsequently rely on industry professionals. Those in the financial industry are...
Many people in New York City and Long Island work for decades in investment, and are able to distinguish a good deal from a bad deal. However, sometimes a deal is too good to be true -- in fact, it may actually be an illegal Ponzi scheme. The following are seven signs...
Many people use a financial advisor to handle their investment accounts. They don’t have the time or the experience to invest on their own and having a professional involved is often a good idea. But not all financial advisors play by the rules and too many of their...
Making investments is considered a smart and tactful step, as it could help one to improve their finances. Nonetheless, it can be a tricky game, as the market is always changing and bad investments can happen. Any rational investor understands that markets do not...
As reported in the WSJ, Credit Suisse was well aware of material risks related to the multibillion dollar Greensill Investments and failed to disclose these very substantial risks to investors in Credit Suisse sponsored Greensill funds. According to reliable sources,...
Despite greater attention paid to the possibility of securities fraud in investment opportunities in New York, Puerto Rico and across the U.S., it is still worryingly common for Ponzi schemes to be discovered. People who are taken in by the promise of big returns on...
There are different types of securities litigation claims that investors may be able to make when inappropriate or illegal actions beyond market factors result in securities losses. It is helpful for investors to be familiar with securities litigation basics so they...
Investors in New York and throughout the world are often targets of people with ill intent. Brokers, investment advisers and other supposed financial professionals will talk a good game, use various tactics to convince a would-be investor that they are trustworthy,...
Investment fraud generally, and hedge fund fraud specifically, can be devastating for investors. Investors who have staked their retirement or life savings on a hedge fund, for example, can unexpectedly face having the rug pulled out from under them if they are...
