HAT TIP: The Vigilant Investor
This is a very long read, includes some amazing articles about how “Experienced Hedge Fund Mangers” were easily conned by very sophisticated Con Artists!!!
Pre RV and Post RV, you MUST be Vigilant about who and what you invest your hard earned money in to. If you want to keep your money, you should PREPARE yourself NOW by reading as many articles and stories you can!
One of the biggest lessons is to learn to ask the right, logical questions!!! One of the stories in this linked article talks about an Investor who was presented by con artists who had representing themselves as “the General Counsel” of a very large Teacher’s Investment Group – but, because the man had asked the Receptionist, was that really Mr. “X”, she replied “no, I don’t know who that was” and she immediately called the police!!! You need to read this full article in The Vigilant Investor.
~ Mr. IQD
One of the many articles at The Vigilant Investor: Being Anyone You Want to Be
Marc Dreier had impressive credentials. After earning an undergraduate degree from Yale and a law degree from Harvard, Dreier worked at some of New York’s most prestigious law firms before opening his own firm, Dreier, LLP, in 1996. Dreier employed 250 attorneys and had a biweekly payroll of more than $2.5 million. Works by Picasso and Warhol lined the walls of his Park Avenue law offices. Dreier attracted the best and the brightest and appeared to be able to afford to pay the lavish salaries that he doled out to attract top legal talent.
In 2002, the pressure of maintaining both his law firm and his lifestyle led Dreier into the investment business. He began selling promissory notes, some of them issued by New York realty company Solow Realty. The only problem was that Continue reading