We have said often before on this blog but it bears repeating - a good (and honest) financial advisor is one that is interested in your long-term financial goals. Unfortunately, a lot of investment fraud (which is a great deal of fraud in the first place) occurs when people place their money with the wrong advisor.
As we have seen in this latest thread, if your advisor is wants you to be distracted from the investment, if he is not telling you the reasons for the investment or, once again, the how and why of the investment, there is an issue. Every con artist who ever ran a three-card monte racket or a "hide the ball" game is familiar with distractions. Con artists use distractions and diversions as part of their strategy. Like a good magician (who is at least honest in saying that his "magic" is the art of diversion and illusion), you are looking one way when the real action is happening in another corner. You are meant to be distracted so that you do not have the interest, or the time, to find out what is really going on.
Next week we will be starting another thread.
As we have seen in this latest thread, if your advisor is wants you to be distracted from the investment, if he is not telling you the reasons for the investment or, once again, the how and why of the investment, there is an issue. Every con artist who ever ran a three-card monte racket or a "hide the ball" game is familiar with distractions. Con artists use distractions and diversions as part of their strategy. Like a good magician (who is at least honest in saying that his "magic" is the art of diversion and illusion), you are looking one way when the real action is happening in another corner. You are meant to be distracted so that you do not have the interest, or the time, to find out what is really going on.
Next week we will be starting another thread.
NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR
IS IT INTENDED TO BE LEGAL ADVICE. IF
THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.
Have a great and fraud-free day.
----------à>>>>>>>>>>>>>>>gene
tausk
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