The Madoffs Among Us: Combat the Scammers, Con Artists, and Thieves Who are Plotting to Steal Your Money

Description

Each year Americans lose billions of dollars to fraudulent activity. The Madoffs Among Us shows you in graphic detail why and how people fall prey. Most important, it shows you how to easily identify the people who perpetrate these crimes and avoid their deceitful practices. Why do smart people fall for these cons? What are today's most common scams? And how can you avoid becoming a victim? Many people abdicate their responsibility to participate in the investment process because they just don't know much about financial planning, and they rely upon an advisor. The Madoffs Among Us arms you with tangible and simple actions to protect your wealth, no matter its size. From the very first chapter, you will appreciate why good advisors are worth their weight in gold and bad advisors could cost you a fortune. With uncertainty surrounding the potential repeal of some of the most important protections of the Dodd-Frank Act this book will become even more important. The real-life examples of fraud are numerous and alarming, but The Madoffs Among Us gives you the concrete measures you can take to minimize the possibility of being ripped off.

William M. Francavilla is a Certified Financial Planner (R) with more than 30 years of experience in the financial services industry. He has worked as an investment advisor and professional trainer to several Fortune 500 companies and retired from Legg Mason as senior vice president and director of corporate wealth management.

"The Madoffs Among Us is an excellent book which will empower the reader to recruit and fully engage a financial consultant for maximum effect. I highly recommend this book. You won't be sorry you read it!"--Patrick J. Socci, PhD, former dean, Frank G. Zarb School of Business, Hofstra University