Investor Losses -
Brokerage fraud and mismanagement of investors' funds
occur far more often than people realize. Discovery of
brokerage firm misconduct is rarely revealed during good
economic times. However, market declines cause investors
(or thier tax and legal professionals) to identify the
real reason for the losses or missing funds.
Fraud Study Final Report -
May 12, 2006
Prepared for WISE Senior Services and the NASD Investor
Education Foundation by
The Consumer Fraud Research Group
Fraud 101 -
We’ve all heard the timeless admonition, “If
it sounds too good to be true, it probably is” —
great advice, but the trick is figuring out when “good”
becomes “too good.”There’s no bright
line. Investment fraudsters make their living by making
sure the deals they tout appear both good and true.
SENIOR INVESTORS -
Statistics show that baby boomers today control more than
$13 trillion in household investable assets, or over 50%
of total U.S. household investment assets.