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Officials Seek Clampdown on Elder Fraud
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Growing financial exploitation prompts legislation mandating advisers to report suspected abuse.
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Protect Your Future Self From Financial Abuse
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From consolidating brokerage accounts to designating a trusted contact, planning is key.
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Morgan Stanley To Pay $2.6 Billion Mortgage Settlement
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Morgan Stanley said it will pay $2.6 billion to the U.S. government to resolve potential claims stemming from the sale of mortgage bonds before the financial crisis, reducing its 2014 profit by more than half.
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SEC Busts 4 Insurance Agents In Scam Against Seniors - 9-2014
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Scheme targeted retired annuity holders by using insurance agents to sell interests in a company called Arete LLC.
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Were You A Victim In The Largest Ponzi Scheme In OC History?
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A Minnesota man was arraigned last week for a $150 million investment fraud Ponzi scheme, in which at least 55 Orange County victims lost over $21 million.
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Wells Fargo Reaches $6.5M Settlement Over Sales Of Investments To Municipalities
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Company VP suspended and fined; ‘broker-dealers must do their homework’.
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Veterans Pension Program Is Being Abused Report Says
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A yearlong investigation into a federal pension program for low-income veterans has concluded that weak oversight and unclear rules have made the system ripe for abuse…
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The IRS' Dirty Dozen Tax Scams - 2013
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List of 12 tax scams.
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The Death Of A Flamboyant Charity Wrongdoer Sends A Reminder To Regulators
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The influential executive who built the United Way of America into a charity powerhouse but fell from grace amid fraud charges and an affair with a teenager.
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Swindling the Elderly: A Real and Growing Problem
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Financial planners, medical professionals and other experts say cognitive decline makes seniors vulnerable to investment fraud.
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