Financial fraud
New York Times financial columnist Ron Lieber reacts to learning that his financial advisor under investigation for improper movement of funds out of some accounts. Lieber, who selected his money manager based on an article he did on questions investors should ask potential advisors, was aghast at learning of the accusations. He recommends not giving advisors the freedom to invest funds without permission.
Futhermore,
You can limit any damage by not letting a bad situation get worse. Trust but verify. Open your mail. Confirm the accuracy of your trades and fund transfers. Read your account statements. Every month. Every number. Every single word.
Solid advice from someone with experience.
Don Mecoy
Business Writer
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