Friday, October 23, 2009

 

Investment Brokers In Two States Face Fraud Charges

Investors looking for a safe and profitable place to put their money still face the risk of fraud, unless they carefully select their broker or investment advisor. In the wake of the Bernard Madoff swindle, law enforcement officials continue to level charges against investment brokers they say violate not only the law, but investors' trust.

In Pennsylvania, Attorney General Tom Corbett has filed criminal charges against a Beaver County man accused of operating a $2 million "Ponzi scheme," defrauding credit unions in Armstrong, Westmoreland and Luzerne counties...

Consumer Affairs: Investment Brokers In Two States Face Fraud Charges

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