Asheville Businessman Charged in Ponzi Scheme
So it’s happened again, this time right here in our backyard. An Asheville business man faces charges for running a Ponzi scheme that cheated investors out of $13 million. Who got burned? All kinds of people, including those who were “college educated, in banking, and financially smart.” Of course, if they had received my earlier email about the warning signs of a Ponzi scheme (John Elway Fumbles His Investments) or my email about how to check out securities (Teachers Learn Investing Lesson the Hard Way) they might have avoided losing everything.
So where do you stand? Do you forward emails touting investments you know nothing about? Or do you let people know they can get real financial education every month at The Financial Coaching Center? Do you delete our emails? Or do you let people know where they can learn the truth about investing? Do you kid yourself that you really understand the way markets work? Or have you actually invested the time (ONE HOUR A MONTH!) to learn the truth?
Maybe you just bury your head in the sand. Maybe you pretend you don’t care about your financial future, or the financial future of those you care about. Maybe you just let apathy take its course and do nothing. That’s exactly what the crooks are counting on.
Don’t kid yourself. The threat is real, the victims are real, the scammers are targeting their next victims now, the money they steal is real, and NONE OF IT HAS TO HAPPEN. Once a month, one hour of time is all it takes to stop the loss and the pain.
Separating Myths From Truth; The Story of Investing is free to you and anyone you care enough about to invite. Thursday, February 24th, 5:30 PM. Wine and cheese provided by us. Motivation is up to you.
Are you part of the problem, or part of the solution? There is no middle ground.
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