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June 20, 2022

Difference Between Pyramid and Ponzi Schemes

Difference Between Pyramid and Ponzi Schemes Investing money can come with risks, but investors usually are prepared for potential financial setbacks or windfalls depending on how the market is doing. One danger many hope to never face, though, are schemes […]

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June 1, 2022

How to Avoid a Ponzi Scheme

How to Avoid a Ponzi Scheme Even investors who think they’re making safe moves with their money can fall victim to a scam. Financial advisors and their companies can utilize many methods of fraud and misrepresentation for their benefit, which […]

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May 3, 2022

Ponzi Schemes 101

Ponzi Schemes 101 From Bernie Madoff to Lou Pearlman to Charles Ponzi himself — Ponzi schemes have made national news headlines for brokers using criminal tactics to defraud millions from unsuspected investors. A Ponzi scheme is an illegal act where […]

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April 5, 2022

How Much Money is Lost by Each State Due to Financial Elder Abuse?

How Much Money is Lost by Each State Due to Financial Elder Abuse? Financial elder abuse is more common than some may think. In fact, a study in 2021 by Cornell University suggests that at least 10% of adults are […]

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March 1, 2022

How the Pandemic Has Impacted Financial Elder Abuse

How the Pandemic Has Impacted Financial Elder Abuse Scams are nothing new — people who initiate these crimes are looking for a quick way to make money by falsifying information to others. Some of the most vulnerable of scams can […]

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February 4, 2022

Financial Elder Abuse — How to Stay Protected

Financial Elder Abuse — How to Stay Protected It’s a more than billion-dollar scheme happening every year. And while it may not make the same type of headlines as Ponzi schemes or other types of financial crimes do, it is […]

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January 6, 2022

Should Seniors Invest in Stocks?

When it comes to the stock market, we know there is always a chance of risk. A dedicated broker will go over which stocks, in theory, will have a higher risk than others and the choices you should make to […]

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December 14, 2021

What Do You Need To Prove Financial Elder Abuse?

Legal remedies for financial elder abuse are available for those who are 65 years old and above. When states pass these laws, the legislature considers elders over the age of 65 as a disadvantaged class. Furthermore, cases of financial elder […]

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December 14, 2021

A Guide To Understanding Ponzi Schemes

A Guide To Understanding Ponzi Schemes Ponzi schemes have been around for a very long time and are schemes that people commonly fall for. This is because many people are attracted to the idea of sowing benefits without putting in […]

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December 14, 2021

Does Breach Of Fiduciary Duty Always Lead To Damages?

Do All Breach Of Fiduciary Duty Cases Result in Damages? A breach of fiduciary duty does not always lead to recoverable damages. When a Court rules that a breach of fiduciary duty has occurred, it is possible that they can […]

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