What Are Financial Advisor Scams? A financial advisor scam refers to fraudulent and illegal practices used by individuals or companies who present themselves as financial advisors. Financial advisor ...

A 57-year-old Fox Island man was sentenced Tuesday to three years in prison for his scheme to steal more than $920,000 from an elderly woman who trusted him as her financial advisor.

Reports of fraud in investment accounts are on the rise. The Federal Trade Commission reported 107,699 instances of ...

What starts with a casual text message might end in financial ruin. Processing Content Pig butchering, a type of scam that became widespread during the COVID-19 pandemic, is on the rise and continues ...

Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor (CRPC), Retirement Income Certified Professional (RICP), and a Chartered Socially Responsible Investing ...

With Mental Health Awareness Month once again in full swing, it's a good time to revisit the risks elderly investors face from a particular flavor of fraud – and the frontline role financial advisors ...

Nick Gallo has been a financial content marketer and journalist for over six years. He has deep expertise in credit-related topics, including credit reports and scores, loans and credit cards, and ...

When one of his clients asked to withdraw $50,000 just before Christmas, financial advisor Clayton Winkler knew something was off about the request. What followed was a long, delicate series of ...

Imagine getting a phone call from what sounds exactly like your grandson, urgently asking for money because he's in trouble. Processing Content He might even send a picture of himself at a hospital.

Financial scams are everywhere these days. Whether it’s phishing attempts through email and text messages or a fraudster impersonating a loved one on the phone, there are a lot of traps to avoid.

Unsavory financial advisors may cheat their clients through deceptive practices such as Ponzi schemes, churning techniques, and pump-and-dump scams. Advisors who pressure you to make quick investment ...