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...
