uxury living on a salary that would not seem to support it is the most reliable indicator of embezzlement. Unless corporations occasionally look for it, they are at risk for the kind of loss that Koss suffered.
We’ve seen quite a few oil and gas frauds lately. Be aware that they are on the rise.
Unfortunately, even if every judge handed out the maximum sentence to every convicted investment fraudster prosecuted in his or her court, there would still be enough operating fraudsters to cost every investor his or her life savings many times over.
Please let the SEC know what you think of mandatory arbitration.
As a rule, pension funds do inadequate due diligence aimed at preventing fraud, recklessness, and incompetence.
The regulators are post-violation enforcers, not bodyguards.
Oil and gas frauds will never fade. They’ve proven too good a vehicle for separating people from their life savings.
Investment Adviser Travels the Globe, Allegedly At Her Clients’ Expense
Please remember that it is very easy to become registered as an investment adviser. It is no mark of competence or trustworthiness. An adviser who tells you otherwise is preparing to rip you off.