Category: Financial Exploitation

ATTORNEY NEWSLETTER FINRA Cracking Down on Bad Brokers Cracking Down on Exploitation The financial industry continues housecleaning with a tough new approach toward brokers with a record of customer disputes. The financial industry largely polices itself through the Financial Industry Regulatory Authority (FINRA). Last week, FINRA announced plans to crack […]

ATTORNEY NEWSLETTER FINRA Senior Hotline Calls Lead to Help There are lots of unsavory people out there preying on senior citizens. Too often, the swindlers are financial advisors, insurance agents or brokers and bankers. People you should be able to trust. The reality is far different. Each year advisors, brokers […]

ATTORNEY NEWSLETTER The Terrible Truth of Financial Elder Abuse Financial Elder Abuse Vulnerable populations are often the easiest to take advantage of, and elders are no exception. Financial elder abuse is a crime on the rise, and it costs elders, families, caretakers, and even the government a great deal of […]

ATTORNEY NEWSLETTER Duo Caught in Pump and Dump Scam Beware Boiler Room Tactics With Penny Stocks Sometimes the government gets the bad guys. This week a Manhattan jury returned unanimous guilty verdicts against two financial advisors who bilked over 100 people out of at least $15 million. Defendants ran a […]

ATTORNEY NEWSLETTER FINRA Arbitration Shuts Down Broker Material Misrepresentations Oftentimes, individuals who invest their money also invest their trust. When they hand over their money, they assume that their broker or financial advisor is going to make decisions that will benefit the investor: personally, financially, and beyond. But what happens […]

Securities and Exchange Commission (SEC) Tips for Whistleblowers What the SEC Looks For The SEC needs your help in tracking down securities fraud. Whistleblowers bring useful information to the SEC that can lead to investigation and prosecution – and a possible reward for the whistleblower’s help. In January of this […]

Financial Elder Abuse Goes Beyond Bank Accounts The Reach of Financial Elder Abuse. Seniors are not the only victims when financial elder abuse strikes. A recent look at the epidemic of elder abuse indicates that the more we study the painful truth of financial elder abuse, the more we learn […]

Friends Or Foes: Studies In Financial Elder Abuse May Show Fluidity Financial Elder Abuse Studies are showing that just around 1 in 5 elders from San Francisco County and beyond are losing funds due to financial elder abuse, a crime that is seemingly running rampant across the country. One recent […]

Securities and Exchange Commission (SEC) Online Help The SEC wants to help the individual investor. Really. In fact, for years the SEC has had an enormous investor outreach initiative to educate and protect folks from fraud. There’s a macro interest: educated investors stabilize markets; they are less prone to unwarranted […]

Imposter Scams Now America’s #1 Fraud Imposter Fraud Targets Elderly Imposter scams have become the leading fraud in America. The Federal Trade Commission tallies up the number and type of consumer fraud complaints and reported more than 3 million claims of imposter schemes in 2016 alone! And the financial toll […]