I tend to like nice guys. Don't we all? One of my favorite investors is John Templeton. Years after his death, he's still acknowledged as an exemplary person and great investor. But you don't have to be adorable to be a good investor.
Bill Ackman claims Herbalife is a pyramid scheme, and he makes a good case for it. But even if you don't buy his argument, there are other compelling reasons that would make many reasonable people run far and run fast from this company.
Early Wednesday morning, three women from two tony towns on the Connecticut shoreline received visitations at their homes by Federal Marshals. Each woman had been charged with multiple counts of defrauding the Internal Revenue Service, filing false tax returns and wire fraud.
The story here isn't Stanford. The story is the SEC. Why should individual investors trust they are getting due protection when evidence of regulator corruption is all around them?
Quixtar, a former subsidiary of Amway, one of the largest multi-level marketing (MLM) companies in the world, has agreed to a $150 million class action settlement.
I try not to use the word "scam" lightly. After all, value is often determined by the buyer along with the seller, and if someone wishes to spend $35 ...
TURA, Lebanon -- The investor, a heavyset man in a gray polo shirt, sat back in a plastic chair in his hardware store and sighed, unable to explain ho...
Why would certain well-off clients and investors in the feeder funds (for example Switzerland's Union Bancaire Privee) not sue Madoff for his illegal ...