2017 in Advisor Scams and Rip Offs
January 2, 2018 by Cyril Tuohy
Even in a year with vanilla index funds generating returns of near 20 percent, bad-apple advisors and brokers saw the need to be greedy.
We list some of the more egregious complaints filed by U.S. authorities in 2017 among the hundreds of complaints filed by federal and state enforcement officials.
Billion-Dollar Bold
Even by the standards of retail advisor rip-offs, Robert H. Shapiro’s alleged scheme was bold – as in billion-dollar bold.
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Originally Posted at InsuranceNewsNet on December 29, 2017 by Cyril Tuohy.
Categories: Industry Articles