Financial Digest

More than 8,000 investors were misled by this $1.2B Ponzi scheme. Here's how to spot a fraud

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Many investors don't spot investment fraud until it's too late. Here are the signs regulators say you should look for.

 

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Let’s hope all the conductors of the $1.2B Ponzi scheme are all in jail doing hard labor.

Social Security?

'The Securities and Exchange Commission on Monday said it has ordered Woodbridge and its former owner and CEO, Robert H. Shapiro, to pay $1 billion in penalties and repayments. The regulator first filed an emergency action against the company in December 2017.'

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