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Posts Tagged ‘investment scams’

Sucker Born Every Minute: Top Ten Investor ‘Threats’

Posted by Larry Doyle on February 5th, 2013 8:41 AM |

“A con artist will use every trick in the book to take advantage of unsuspecting investors, including exploiting well-intended laws, in order to fatten their wallets.”
– NASAA Past-President Jack E. Herstein

“There’s a sucker born every minute.”

Although widely attributed to the 19th century showman P.T. Barnum, the above oft-referenced quote was actually delivered by  Barnum’s main competitor, George Hull of Binghamton, New York. While Hull played his elaborate scam of discovering a giant back in 1869, there are no less sophisticated cons at work this very minute.

The North American Securities Administrators Association cautions investors about the following top investor threats from  2012. In true David Letterman fashion, let’s count down the Top Ten: (more…)

Obama’s Big Problem is ‘The Big Picture’

Posted by Larry Doyle on April 25th, 2011 8:55 AM |

Things could be so much worse.

Really?

Try telling that to an individual ravaged by an investment scam, sold out by financial regulators, abused by her bank, and left paying substantially more at the gas pump and checkout line.

If these travesties were not bad enough, how do you think this individual may feel about the lack of real justice meted out against those individuals and organizations which perpetrated obvious scams and abuses? How do you think this individual may vote in upcoming elections? (more…)






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