If It Sounds Too Good to be True…

July 9, 2009

Filed under: Elder Abuse — Tags: , — Alexis @ 9:50 PM

Right in our own backyard, another financial planner has been charged with¬†scamming seniors. His pitch was that his investments would allegedly earn guaranteed 12% returns – not bad – and not likely. Further, he allegedly implied that these investments were safe; Bill Galvin’s office says they were patently risky. Regardless of how these charges turn out, the lessons remain ¬†- be very wary of whom you invest your money with, research it well before writing a check, and most importantly, if it sounds too good to be true, ….