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	<title>Investor Watchdog - Finance Education &#187; Deceptive Sales Practices</title>
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	<description>Timely financial educational resource information is your best defense against investment schemes &#38; scams</description>
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		<title>There are Three Types of Financial Advisors</title>
		<link>http://www.investorwatchdog.com/there-are-three-types-of-financial-advisors</link>
		<comments>http://www.investorwatchdog.com/there-are-three-types-of-financial-advisors#comments</comments>
		<pubDate>Tue, 17 Jan 2012 21:52:33 +0000</pubDate>
		<dc:creator>Jack Waymire</dc:creator>
				<category><![CDATA[Deceptive Sales Practices]]></category>
		<category><![CDATA[Full Transparency]]></category>
		<category><![CDATA[Who Can I Trust?]]></category>
		<category><![CDATA[deceptive sales tactics]]></category>
		<category><![CDATA[due diligence]]></category>
		<category><![CDATA[Exaggeration]]></category>
		<category><![CDATA[full disclosure]]></category>
		<category><![CDATA[Misrepresentation]]></category>
		<category><![CDATA[Omission]]></category>
		<category><![CDATA[transparency]]></category>

		<guid isPermaLink="false">http://www.investorwatchdog.com/there-are-three-types-of-financial-advisors</guid>
		<description><![CDATA[Due diligence is the process investors use to gather and evaluate financial advisor information before they sign a contract or invest assets.
Full disclosure is a financial advisor business practice that is based on the professionals&#8217; willingness to provide complete, accurate information to investors. Based on these descriptions, there are three types of advisors.
High quality advisors [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Full Transparency Scares Wall Street Executives</title>
		<link>http://www.investorwatchdog.com/full-transparency-scares-wall-street-executives</link>
		<comments>http://www.investorwatchdog.com/full-transparency-scares-wall-street-executives#comments</comments>
		<pubDate>Mon, 19 Dec 2011 20:19:54 +0000</pubDate>
		<dc:creator>Jack Waymire</dc:creator>
				<category><![CDATA[Deceptive Sales Practices]]></category>
		<category><![CDATA[Full Transparency]]></category>
		<category><![CDATA[Wall Street Ethics]]></category>
		<category><![CDATA[Who Can I Trust?]]></category>
		<category><![CDATA[corruption]]></category>
		<category><![CDATA[Documentation]]></category>
		<category><![CDATA[ethics]]></category>
		<category><![CDATA[financial advisor]]></category>
		<category><![CDATA[financial planner]]></category>
		<category><![CDATA[full disclosure]]></category>
		<category><![CDATA[investment advisor]]></category>
		<category><![CDATA[Lobbyists]]></category>
		<category><![CDATA[Money Manager]]></category>
		<category><![CDATA[politicians]]></category>
		<category><![CDATA[transparency]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://www.investorwatchdog.com/?p=3669</guid>
		<description><![CDATA[What is full transparency when you buy investment advice, recommendations, and products?
Transparency occurs when investors are provided an easy-to-read document that contains all of the facts they need to make an informed decision when they select advisors and invest their assets.
Wall Street spends millions of lobbyist dollars per year fighting transparency. Corrupt politicians who are [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Church Members are Easy Prey for Ponzi Schemes</title>
		<link>http://www.investorwatchdog.com/church-members-are-easy-prey-for-ponzi-schemes</link>
		<comments>http://www.investorwatchdog.com/church-members-are-easy-prey-for-ponzi-schemes#comments</comments>
		<pubDate>Fri, 16 Dec 2011 18:03:25 +0000</pubDate>
		<dc:creator>Jack Waymire</dc:creator>
				<category><![CDATA[Deceptive Sales Practices]]></category>
		<category><![CDATA[Illegal Schemes & Scams]]></category>
		<category><![CDATA[Ponzi Schemes]]></category>
		<category><![CDATA[$220 million]]></category>
		<category><![CDATA[Churches]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[LDS]]></category>
		<category><![CDATA[Ponzi]]></category>
		<category><![CDATA[References]]></category>
		<category><![CDATA[Scam]]></category>
		<category><![CDATA[Trust]]></category>

		<guid isPermaLink="false">http://www.investorwatchdog.com/church-members-are-easy-prey-for-ponzi-schemes</guid>
		<description><![CDATA[The SEC has accused a father and son of bilking LDS church members out of $220 million. The money that was supposed to be used to buy apartment buildings and renovate them was used to fund the lifestyles and businesses of the perpetrators.
Churches are easy prey for Ponzi schemes. The bad guys sell the scam [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>What are Legal Investment Scams?</title>
		<link>http://www.investorwatchdog.com/what-are-legal-investment-scams</link>
		<comments>http://www.investorwatchdog.com/what-are-legal-investment-scams#comments</comments>
		<pubDate>Wed, 14 Dec 2011 19:59:27 +0000</pubDate>
		<dc:creator>Jack Waymire</dc:creator>
				<category><![CDATA[Bad Financial Advice]]></category>
		<category><![CDATA[Bad Products & Services]]></category>
		<category><![CDATA[Deceptive Sales Practices]]></category>
		<category><![CDATA[Ponzi Schemes]]></category>
		<category><![CDATA[Annuities]]></category>
		<category><![CDATA[Investment Commissions]]></category>
		<category><![CDATA[Investment Experts]]></category>
		<category><![CDATA[investment fraud]]></category>
		<category><![CDATA[investment scam]]></category>
		<category><![CDATA[Investor Watchdog]]></category>
		<category><![CDATA[Performance Reports]]></category>
		<category><![CDATA[Risk Tolerance]]></category>
		<category><![CDATA[Undisclosed Risk]]></category>

		<guid isPermaLink="false">http://www.investorwatchdog.com/what-are-legal-investment-scams</guid>
		<description><![CDATA[Everyone has read about illegal Ponzi schemes and Wall Street&#8217;s fraudulent investment scams that have resulted in major fines to companies.
What you don&#8217;t read about are legal investment scams that impact millions of investors. Following are examples of frequent abuses.
Definition: Legal scams benefit the advisor or the advisor&#8217;s company more than they benefit you.
Advisors sell [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Why Do Wall Street Companies Pay Fines Without Admitting Guilt?</title>
		<link>http://www.investorwatchdog.com/why-do-wall-street-companies-pay-fines-without-admitting-guilt</link>
		<comments>http://www.investorwatchdog.com/why-do-wall-street-companies-pay-fines-without-admitting-guilt#comments</comments>
		<pubDate>Wed, 07 Dec 2011 18:17:01 +0000</pubDate>
		<dc:creator>Jack Waymire</dc:creator>
				<category><![CDATA[Deceptive Sales Practices]]></category>
		<category><![CDATA[The Politicians]]></category>
		<category><![CDATA[Wall Street Ethics]]></category>
		<category><![CDATA[Wall Street Scams]]></category>
		<category><![CDATA[$285 million]]></category>
		<category><![CDATA[broker/dealers]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[Fiduciary]]></category>
		<category><![CDATA[Fines]]></category>
		<category><![CDATA[politicians]]></category>
		<category><![CDATA[regulations]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://www.investorwatchdog.com/why-do-wall-street-companies-pay-fines-without-admitting-guilt</guid>
		<description><![CDATA[If Wall Street companies admitted guilt, they would lose a large number of investor lawsuits.
For example, Citigroup sold investors $1 billion of a CDO that contained toxic subprime mortgages. Investors lost $700 million. Citigroup made $160 million from fees and bets that the CDO would fail. Citigroup agreed to pay a $285 million fine without [...]]]></description>
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		<slash:comments>0</slash:comments>
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