A Tale of Caution

Death of African American hedge fund manager sheds light on unscrupulous advisers

is not ripping you off is to acquire your own investment knowledge by attending classes, training, or join investment clubs hosted by licensed brokerage firms.

Look for red flags. Some signs there may be trouble with an investment is not asking enough questions or obtaining a second or third opinion. In other words, if your broker or financial adviser informs you to just trust him or her—don’t. It”s your money and you have the right to a full and fair review of your investments.

Take action if you become a victim. The primary recourse one has when an investment goes bad is to report the firm and staff managing your account to the U.S. Securities and Exchange Commission. Get the best lawyer you can to investigate the money trail in your efforts to get back some of your money.

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