Posts belonging to Category Early Retirement Scams
Posted by Alan PerryonMarch 4, 2013
Recent warnings regarding dangers in the bond market were recently issued by bond maestro Bill Gross. These warnings are reminiscent of Alan Greenspan’s implicit warning in a 1996 speech when he asked: “How do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions?” Specifically, Mr. […]
Categories: Alternative Investments, Bonds, Brokerage Firms, Church Bonds, Common Securities Broker Abuses, Early Retirement Scams, Elder Abuses, Exchange Traded Notes (ETNs), Exchange Traded Products (ETPs), Exchange-Traded Funds (ETFs), Fairness/Just & Equitable Conduct, High Yield (Junk) Bonds, Investment Advisers, Investment Malpractice, Investor Alerts, Life Policies/Viatical Settlements, Limited Partnerships, Misrepresentation/Omission, Nontraded REITs, Oil & Gas, Private Investments/Reg D, Promissory Notes, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes, Unsuitable Recommendations
Posted by Alan PerryonMarch 1, 2013
As the population ages and investors’ financial acumen decline, financial advisers will be forced to assume additional duties and responsibilities in order to avoid liability exposure. For example, Alzheimer’s disease will raise legal and ethical challenges for investment advisers over the next 40 years as the incidence of that dread disease is expected to nearly […]
Categories: Brokerage Firms, Common Securities Broker Abuses, Early Retirement Scams, Elder Abuses, Fairness/Just & Equitable Conduct, Investigations, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools, Unsuitable Recommendations
Posted by Alan PerryonFebruary 26, 2013
The financial world continues to beat the drum warning investors about the risk of bonds. When interest rates rise (or when the market believes a significant rise in interest rates is imminent) bond prices will fall, and investors in bond funds and individual bonds will suffer declines in value and/or losses. Retirees and others, who […]
Categories: Alternative Investments, Bonds, Brokerage Firms, Closed End Funds, Common Securities Broker Abuses, Derivatives, Early Retirement Scams, Elder Abuses, Exchange Traded Notes (ETNs), Exchange Traded Products (ETPs), Exchange-Traded Funds (ETFs), Fairness/Just & Equitable Conduct, Hedge Funds, High Yield (Junk) Bonds, Investigations, Investment Advisers, Investment Malpractice, Investor Alerts, Limited Partnerships, Misrepresentation/Omission, Mutual Funds, Nontraded REITs, Oil & Gas, Private Equity Investments, Private Investments/Reg D, Promissory Notes, Reverse Convertibles, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes, Tenant-in-Common Interests, Unsuitable Recommendations, Variable Annuities and Equity-Indexed Annuities
Posted by Alan PerryonFebruary 25, 2013
On February 8, 2013, a Financial Industry Regulatory Authority (FINRA) arbitration panel ordered Deutsche Bank and its former registered representative, Karl Hahn, to pay $934,000 to a couple who had sought to recover $2,193,931 for losses associated with the improper sale of premium-financed life insurance. The award included $100,000 in attorney’s fees. Hahn worked in […]
Categories: Alternative Investments, Brokerage Firms, Common Securities Broker Abuses, Deutsche Bank, Early Retirement Scams, Fairness/Just & Equitable Conduct, Insurance Products, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Unsuitable Recommendations
Posted by Alan PerryonFebruary 18, 2013
Georgia’s elected officials and legislators are ‘dropping the ball’ when it comes to protecting members of the public from investment fraud. State securities regulators have historically been the first line of defense against securities fraud. In recent years, however, lack of funding and resources have crippled the Georgia Securities Division, which is responsible for protecting […]
Categories: Brokerage Firms, Common Securities Broker Abuses, Early Retirement Scams, Elder Abuses, Investment Advisers, Investment Malpractice, Investor Alerts, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Alan PerryonFebruary 13, 2013
Investment scams targeting senior citizens continue to proliferate in Georgia and across the country. In fact, the Atlanta Journal Constitution recently published an article dealing with financial fraud perpetrated against seniors. The article (“Financial fraud scams target Georgia seniors”) focused on an 81 year-old lady who was the victim of a ponzi scheme. A ponzi […]
Categories: Affinity Fraud, Alternative Investments, Brokerage Firms, Common Securities Broker Abuses, Early Retirement Scams, Economy, Elder Abuses, Exchange Traded Notes (ETNs), Exchange Traded Products (ETPs), Exchange-Traded Funds (ETFs), Fairness/Just & Equitable Conduct, Hedge Funds, High Yield (Junk) Bonds, Investigations, Investment Advisers, Investment Malpractice, Investor Alerts, Life Policies/Viatical Settlements, Misrepresentation/Omission, Nontraded REITs, Private Investments/Reg D, Reverse Convertibles, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes, Unsuitable Recommendations, Variable Annuities and Equity-Indexed Annuities
Posted by Alan PerryonJanuary 24, 2013
Dangers lurk in structured notes. Structured notes have become very popular with investors. In fact, Wall Street firms like JPMorgan Chase, Bank of America and Goldman Sachs created and sold over $10 billion of structured notes tied to the S&P 500 stock index in 2012. The allure, unfortunately, may be misleading. These investment products have […]
Categories: Early Retirement Scams
Posted by Page PerryonDecember 7, 2012
American investors’ confidence and risk tolerance remain low despite the stock market rebound. The 2008 global financial crisis, the dot com bubble burst before that, and a volatile stock market dominated by hedge funds and computerized trading appears to have permanently reset the risk parameters of most older investors. According to a recent study (the […]
Categories: Brokerage Firms, Early Retirement Scams, Elder Abuses, Investment Advisers, Market Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools
Posted by Page PerryonDecember 6, 2012
Financial exploitation of the elderly is a serious and growing problem that has affected, and sometimes devastated, many lives. We hear most often about exploitation by scam artists who are, at least initially, strangers to the victim. What may come as a shock is the fact that exploitation by trusted family members and others close […]
Categories: A General Overview, Affinity Fraud, Brokerage Firms, Common Securities Broker Abuses, Early Retirement Scams, Elder Abuses, Fairness/Just & Equitable Conduct, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools, Unauthorized Trading, Unsuitable Recommendations
Posted by Page PerryonDecember 3, 2012
Affinity fraud cases continue increase. Investors should be particularly careful when dealing with financial advisers with whom they share a common characteristic or interest. While that may sound counterintuitive, affinity fraud, which is based on such commonalities, has devastated many trusting investors. The affinity often involves something that has been an object of discrimination ? […]
Categories: A General Overview, Affinity Fraud, Brokerage Firms, Common Securities Broker Abuses, Early Retirement Scams, Elder Abuses, Fairness/Just & Equitable Conduct, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Unsuitable Recommendations
