Bad Actors: Tips for Spotting the Financial Industry’s Bad Apples

We’ve all seen bad actors in movies and T.V., but did you know that bad actors can be found on Wall Street and other financial industry institutions? The Financial Industry Regulatory Authority (FINRA) recently released a statement outlining the need for checks-and-balances against bad actors.   What are bad actors? FINRA defines a bad actor … Continue reading Bad Actors: Tips for Spotting the Financial Industry’s Bad Apples »

8 Tips for Safeguarding Your Online Investments Against Fraud

In the internet age, cyber crime has become one of the top platforms for investment fraud and financial crimes. Many investors have begun making online investments instead of using traditional investment platforms. With this, comes the need to educate and inform about fraud targeting online investments. The Securities and Exchange Commission has published an investor … Continue reading 8 Tips for Safeguarding Your Online Investments Against Fraud »

Top 8 Investor Complaints

The investment world is pretty cut-and-dry; either you win, or you lose. Not much can be said for losing, after all, it’s part of the game. Usually when you lose out on an investment, it’s due to the fact that you didn’t account for certain risks. However, there are some instances beyond investors’ control that … Continue reading Top 8 Investor Complaints »

Top 5 Ways to Prevent Elder Financial Abuse

A recent New York Times article spotlights a renewed approach and increased legislative response to financial elder abuse. Featured in the article are personal accounts of real people whose family members and close friends have been affected by elder financial abuse. Investment fraud and financial abuse directed towards seniors and the elderly has been a … Continue reading Top 5 Ways to Prevent Elder Financial Abuse »

Inexperienced Investors Targeted in Day-Trading Scam

Last week, the Securities and Exchange Commission (SEC) charged two individuals in a fake day-trading scheme targeting inexperienced investors. According to the SEC’s press release, the two men in question scammed investors out of more than $1.4 million through the operation of a false day-trading investment firm. Luring Investors with Day-Trading The scammers lured investors … Continue reading Inexperienced Investors Targeted in Day-Trading Scam »

Top Investment Scams

We’ve talked a lot about investment scams in the past. Fraudsters are always finding new ways to take advantage of unwitting investors. However, there are several top investment scams that fraudsters favor and which serve as the basis for many new types of investment fraud. Investors should recognize most of these, but being able to … Continue reading Top Investment Scams »

SEC Warns of Form 4 Investment Scams

The Securities and Exchange Commission (SEC) has announced that investors should be on the lookout for fraudulent claims using Forms 4. A Form 4 is filed when investment insiders (officers, directors and anyone holding 10% or more in company securities) execute transactions. A Form 4, which must be filed within two days following a transaction, … Continue reading SEC Warns of Form 4 Investment Scams »

5 Ways to Recover Your Financial Investments

Risk-taking is a natural part of making financial investments These should be calculated risks, though; risks based on performance projections of whatever is being invested in. Though financial investments should not include those unforeseen or unaccounted for risks like fraud, investors are constantly facing it. In the event that your financial investments fall prey to … Continue reading 5 Ways to Recover Your Financial Investments »

REIT Executives Charged with Investment Fraud

Yesterday, in a case of investment fraud, the S.E.C. formally charged two former accounting executives with falsifying the financial performance of a real estate investment trust. It is alleged that the former executives of VEREIT Inc., then known as American Realty Capital Properties (ARCP), purposefully and knowingly overstated quarterly earnings by inflating figures in a … Continue reading REIT Executives Charged with Investment Fraud »