Author: admin
Kiplinger: Beware These 5 Problematic High-Yield Investments
When Pat Conway invested the majority of his life’s savings a few years ago in two non-traded real estate investments, he thought he had secured his retirement once and for all. Behringer Harvard Short-Term Opportunity Fund and Behringer Harvard REIT I yielded 3% and 7%, respectively. Moreover, his broker vowed that double-digit capital appreciation would surely follow…
Association of Certified Financial Crime Specialists
Earlier this month, Illinois became the second state ever to be the target of a cease and desist order from the US Securities and Exchange Commission for fraud related to its state-backed securities…
Phoenix Business Journal: Phoenix REITs
A Phoenix-based company is tangled in a Massachusetts securities investigation in which regulators slapped a large brokerage with a lawsuit last week, claiming dishonest and unethical business practices in dealing with real estate investment trusts…
Financial Advisor Magazine
Cornerstone Real Estate Investment Funds sold through Pacific Cornerstone Capital Inc. have joined other REITs in experiencing a drastic drop in value in recent months. The White Law Firm in Chicago is investigating the broker-dealers who sold the Cornerstone shares…
Financial Planning: Investing in TICs? Proceed with Caution
Advisors with clients who want to move money into real estate investments known as tenant-in-common offerings under section 1031 of the Internal Revenue Code need to be wary…
Investment News: SIFMA, FINRA Clash Over Deadbeat Brokers
The Securities Industry and Financial Markets Association wants Finra to crack down on deadbeat brokers who have failed to pay back promissory notes…
