Financial adviser who 'swindled millions from pensioners' by claiming he'd protect their savings from inheritance tax was 'sick of being poor', court told ⊖
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a story from The Daily Mail 💩 › The Daily Mail
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5 days ago
Raymond Simpson, 78, is accused of defrauding elderly homeowners so he could buy land in Spain for property developments between January 2014 and April 2018 Southwark Crown Court heard.
61 days ago
Financial service companies are keeping customers in-house with free tax filing ⊕⊕
Freedom Debt Relief is the latest company to partner with AI-powered platform april to provide free tax filing for clients.
4 months ago
Financial fraud cost older adults up to $81.5 billion in 2024, FTC estimates — more are losing at least $100,000 ⊖⊖
From 2020 to 2024, the 60-plus age group's reported losses have jumped 300% to $2.4 billion from $600 million, according to the Federal Trade Commission.
Bessent to propose major overhaul of regulatory body created from financial crisis ○
In a letter set to be released Thursday, Bessent will recommend changing the approach of the Financial Stability Oversight Council.
5 months ago
The Next Financial Crisis ⊖⊖
This is worth repeating ...
Back in 2005 I was mostly writing about the housing bubble - and the coming housing bust. But I also mentioned the possibility of a financial crisis. In early 2007, I s…
Back in 2005 I was mostly writing about the housing bubble - and the coming housing bust. But I also mentioned the possibility of a financial crisis. In early 2007, I s…
The flashy Utah-based leasing firm that lent billions to First Brands ○
Onset Financial called itself a ‘dominant force’ in financing everything from chickens to helicopters. It ended up as First Brands’ biggest creditor
'VOO and chill:' Why this popular investment strategy may be losing its appeal — even with stocks at all-time highs ⊕
Tidal Financial's Gavin Filmore finds many of his clients are no longer satisfied with buying popular ETFs tied to market indexes.
7 months ago
Bitcoin retreats to $118,000 after notching new all-time high: CNBC Crypto World ○
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On today's episode of CNBC Crypto World, bitcoin reaches a new record high before retreating below $120,000. Plus, Ric Edelman from the Digital Assets Council of Financial Professionals shares his ou…
8 months ago
The Next Financial Crisis ○
Back in 2005 I was mostly writing about the housing bubble - and the coming housing bust. But I also mentioned the possibility of a financial crisis. In early 2007, I started forecasting a recessio…
9 months ago
Gambling addict who stole whopping £1.7million from company where he was a financial controller is locked up for four years ○
Financial controller Neil Harris, 51, who stole £1.7m from his company to fund his gambling addiction and spend on luxury holidays has been jailed for four years.