Intentionally abusing the United States bankruptcy system is a crime punishable by a fine of up to $250,000.00 and five years in prison.
When choosing your financial advisor, ensure that he or she has a custodian.
“An ounce of prevention is worth a pound of cure” is never truer than in the context of a Ponzi scheme.
College students are easy prey for fraudsters. Most are away from parental supervision for the first time and their naiveté can make them particularly attractive targets for fraudulent schemes and other abuses.
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