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Advisors Beware: Con Men Targeting Your Clients

Tuesday, April 10, 2012 ◾ AdvisorOne

“These financial scams are a quick way to make a lot of money and more profitable than knocking over an old lady with a purse,” Ajamie warned several hundred FPA advisors in his keynote address at the annual meeting of the Financial Planning Association’s New York chapter. “You don’t have to get your hands dirty, and the criminal element attracted to these scams are very intelligent.”