Protecting Yourself From Fraud

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Business, Investing

4.7 • 3.1K Ratings

🗓️ 8 January 2009

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As if the financial markets weren’t scary enough in 2008, here comes the story of a snake who decided to take advantage of people and subsequently make millions and millions of dollars doing it. Bernard Madoff, ole’ Uncle Bernie, created one of the largest Ponzi schemes ever. Basically, a Ponzi scheme is one in which […] Read more at http://www.moneyguy.com/2009/01/protecting-yourself-from-fraud Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:07.0	investing, taxing.
0:09.0	You've got financial questions, he's got financial answers.
0:12.6	It's Brian Preston, the money guy.
0:15.6	Well, welcome to 2009.
0:17.6	I'm your host, Brian Preston, for the award-winning money guy show.
0:21.0	And I got to tell you guys, it seems like I took a few weeks off for the holidays obviously
0:25.5	and had a good time.
0:27.6	But during that time that I took a few weeks off from doing a podcast with you guys and
0:31.9	sitting down with you weekly and figuring out how we can make better decisions with your
0:36.2	financial life.
0:37.2	And so you can have that true piece of mind that comes from financial independence.
0:41.4	We discovered one of the largest Ponzi schemes in history with, oh, Bernie made off.
0:48.6	And it's quite interesting to me because I've seen a lot of, you know, talking back and
0:53.2	forth for the talking heads on TV about all the different things the SEC should have
0:58.5	done to get all this straight and figured out.
1:01.3	And I felt like you probably needed somebody an objective source who's pretty involved
1:05.9	with the financial industry and it even uses the SEC registration site, you know, to go
1:13.9	pull up actually what Bernie was doing and what he had disclosed to the SEC and the public
1:19.3	to kind of tell you what you could do as an individual to protect yourself.
1:23.4	So if you're, if you're just now tuning in, welcome.
1:27.0	This is like I said, the money guys show if you want to go check us out on the website,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.