UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next
Author: culcha Big gold star, 5000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 78687  
Subject: Re: Your financial adviser could be a psychopath Date: 3/14/2013 4:36 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
" ...the financial services industry attracts more than it's share of rogues and thieves."

While I believe this to be true, I would expand that to any area where funds are available and not properly monitored.

Right. As examples, I would also mention internet con men who send emails from foreign countries promising millions of dollars. This is a HUGE industry.

Recently, I heard an interesting show on the radio in which the con man was on the phone encouraging his victim to send the money (I think it was $10,000) instead of using it for the operation that the victim's child needed. In this case, the show was an exposé: the "victim" was really a scambaiter and the child was only a fiction -- but the con man on the telephone line was real. He really thought that he was going to steal the money that was needed for a victim's child's operation.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Saul's Investing Discussions

Skyworks Mid-Quarter Review
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.