Lawyers, Guns & Money
Why is it important to work with a fiduciary?
This section of our site is dedicated to all the low-down, no-good, thieving rascals of the industry. It’s a shame that people were hurt by their actions, but at least we can smile (and maybe even laugh) knowing that they are getting what they deserve.
Each month brings new headlines. If you are interested in reading more about a particular story, just highlight the headline and right click on "search Google" (or the search engine of your choice).
February 2015
28-Feb-2015
Phony Hedge Fund Manager Used Funds To Pay For Dating Web Site, SEC AllegesUBS Drove Brokers To Sell High-Risk Puerto Rico Funds, Recording Shows
SEC Nails Fake Wyoming RIAs
JPMorgan To Pay $99.5 Million To Resolve Currency Rigging Lawsuit
January 2015
31-Jan-2015
Oppenheimer To Pay $20 Million For Penny Stock SalesWaco Advisor Charged With Stealing From Estates
Florida Manager Used Investors' Money As His Own Piggy Bank, SEC Says
Pair Charged With Trying To Defraud NFL Players
Former Connecticut Advisor Gets Prison For Saving The Best Stock Deals For HimselfAdvisor Featured In ‘Big Short’ Liable For Fraud, SEC Says
Fund Manager Charged With Stealing $16 Million
Ex-Broker Must Return Commissions For VA Sales To Terminally Ill Patients, Says Judge
Barred Washington Broker Kept Working After Finra Ban, Gets Jail
California Stock Promoter Charged With Selling Fraudulent Facebook And Twitter Shares
Still want more scams? Check out www.ponzitracker.com and www.sec.gov/litigation/litreleases.shtml