RBC has reached a settlement agreement in a class action suit against the bank, launched by the victims of Earl Jones.
The FBI recently indicted 54-year-old Adriano Sotomayor from New Jersey for allegations that he impersonated a Catholic priest and ran a scam against an elderly nun and her sisters for two years.
Victims of financial fraud often approach law-enforcement authorities, financial institutions and credit rating bureaus. However, few think of turning to the one person who’s responsible for their financial well-being: the advisor.
Your business-owner clients may be at risk. Instances of fraud and misconduct happen in every industry or business sector. Many perpetrators target professional practices, particularly dental offices.
As the holiday season rolls around, many Canadians get in touch with their generous side. It is also the time when charities hope to tap into the season’s giving spirit and boost their coffers before the end of the year. A recent BMO Harris Private Banking survey showed almost 70% participants plan on donating a […]
Nearly three years after it came to light, the Bernie Madoff scam is still unraveling itself.
Scam artists looking to ensnare investors are taking advantage of those troubled by economic uncertainty and volatile markets, says The Canadian Securities Administrators.
Monitor related-party transactions to shield clients from white-collar crime
What the regulators say about disclosing illegal activities.