Money Manger Boasted Profits While Hiding Losses

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Investors should always be wary of investment claims that seem to good to be true. The Securities and Exchange Commission recently charged an asset manager who boasted remarkable profits even in the face of the Bernie Madoff scandal.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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