If you've ever bought a stock or a bond, you probably know that most financial investment contracts include a line like, this hidden somewhere in the fine print:
Understandable – we should know the risks. What brokers tend not to include, however, is a disclaimer that the asset in question could, at whim, vanish altogether. And unfortunately for some investors, that is exactly what has happened this year. The CFTC called it a"fraudulent and deceptive scheme" and Higgins has since been ordered to repay $113 million to customers and $33 million in penalties.
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