by Justin Knapp | Sep 29, 2009 | Uncategorized
Fudging the books costs former Le-Nature CEO. Not only is Gregory Podlucky indicted and losing his job, he has also been forced to hand over millions of dollars worth of jewelry, $7 million in bank accounts, and a model train set worth $1 million. Apparently Mr....
by Justin Knapp | Sep 29, 2009 | Uncategorized
The CFP Board had a lengthy docket of cases to review at a recent meeting. Three advisors were stripped of advisor licenses and CFP designations for a host of offenses. Additional advisors were penalized with suspensions. Their offenses ranged from ethical...
by Justin Knapp | Sep 28, 2009 | Uncategorized
A Detroit broker managed to defraud hundreds of elderly clients of $74 million in exchange for investments in imaginary telecommunications contracts. To make matters worse, Frank Bluestein’s sham contributed to a far larger Ponzi scheme managed by the notorious Edward...
by Justin Knapp | Sep 28, 2009 | Uncategorized
This Tar Heel should be tarred and feathered. Charles Mark Hall is accused of embezzling nearly $170,000 from a 90-year-old client he conned into signing surrender forms. Then he made away with the funds, easy as taking candy from a baby. There are plenty of other...
by Justin Knapp | Sep 28, 2009 | Uncategorized
After decades of experience in financial planning, the folks at Fleecing Central shouldn’t be surprised that consumers are concerned about retirement planning. In fact, according to a recent CFP Board survey, 51% of respondents listed building a retirement fund was...
by Justin Knapp | Sep 28, 2009 | Uncategorized
A ring of mortgage crooks may have wanted to enact a strict noise policy for its many illegal boarders. But, most likely the 20 northern Virginia schemers were too busy creating a humongous mortgage fraud operation valued at about $100 million in properties. Check out...
