As a rule, pension funds do inadequate due diligence aimed at preventing fraud, recklessness, and incompetence.
The regulators are post-violation enforcers, not bodyguards.
Promoters at investor conferences sell the sizzle, not the steak. Investors who make their investment decision based on what they learn there are at serious risk of falling victim to a scam.
According to prosecutors in Grand Rapids, Michigan, former Kent County Sheriff’s Deputy Ryan Steensma ran a $1 million Ponzi scheme that promised profits from gold mining operations.
Investor’s Watchdog’s experience has been that extravagant spending is . . . a reliable indicator of an investment adviser who is spending his clients’ money.
Oil and gas frauds will never fade. They’ve proven too good a vehicle for separating people from their life savings.
Just because a trend is in the news, does not mean that the person trying to sell you an investment has found a profitable way to capitalize on it.







Pastors, Listen to Me!
The wolves are out there, and their sheep suits are custom-made.