How to Avoid the Next Madoff (especially if you work with a financial advisor)
Over five years ago, Bernard Madoff was sentenced to 150 years in prison for scamming many investors–both novice and expert–out of billions of dollars. It surprised me that so many experienced investors could fall for his lies and believe that his consistent returns were legit. Many of Madoff’s victims were clients of financial advisors, who had foolishly invested their clients’ funds with Madoff. […]