UPDATE: The Mets are paying Bobby Bonilla over $1 million a year because of Bernie Madoff
Kim Kardashian's money advice
Madoff Trustee Reaches Recovery Agreement of $140 Million with Feeder Fund Plaza Investments International & Notz, Stucki Management (Bermuda) Limited
BNP to Pay Investor Almost $17 Million
David Kugel, who helped create fake securities trades as part of the $17.5 billion Ponzi scheme, received a lighter sentence after helping the prosecution.
This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...
Jacob Cooper, founder of San Diego-based RIA Total Wealth Management, built his business to over $100 million in assets and more than 600 clients. Last week, a court-appointed receiver in a case brought by the SEC determined that more than $44 million of those assets are likely lost.
Cited for due-diligence failure and not mentioning millions in fees received.
Despite its regulatory failure in the Madoff case, FINRA may be rewarded with more oversight.