The FINRA is an organization that assists with ensuring fairness in the investment industry. It is not government-associated, but it does help to uphold the law and has regulatory authority granted to it by the government. According to the FINRA, you should always...
Diamond investment scam Ponzi scheme duped hundreds
Millions of people in Florida and throughout the United States invest their money in stocks, mutual funds, investment bonds and physical commodities in hopes of growing their nest egg. As an investor, people also place their trust and assets in the hands of stock...
What is an advance fee scheme?
Many investors know the crushing reality of investing money into something with hope and optimism only to find out that the investment was a mistake. In some cases, it may be your own mistake. You may not have analyzed the situation properly. In other cases, however,...
Is the breach of contract material?
In Florida, someone can only file an action for breach of contract against you when the breach is material. A contract ideally includes language identifying which of its provisions are material, and how to proceed if a breach occurs. Whether or not this is in the...
Key differences between a Ponzi scheme and a pyramid scheme
Ponzi schemes and pyramid schemes are very similar. But there are at least three key differences. Knowing how these schemes work may help investors readily identify these ploys early on. Ponzi schemes and Bernie Madoff Named after the now--notorious 1920s new England...
