Friday, January 13, 2006

High-flier's sudden fall leaves lives in ruin / Good life apparently was propped up by Ponzi scheme

High-flier's sudden fall leaves lives in ruin / Good life apparently was propped up by Ponzi scheme

A story about the damage Reimers and PCG did on the personal investor side. Trust is not enough, you must verify. You must verify your money is where you send it and not in the hands of an advisor directly. You must verify registrations, nobody did this and everybody lost.

Scott