Tag Archive for: FINRA
FINRA and Due Diligence: On-Site Checks Are Indispendible
Due diligence is all about following up on red flags, but if you don’t find them, there’s nothing on which to follow up. Thus, our tireless refrain: turn over every piece of public record information you can about a person, and don’t…
North Carolina Man Sentenced to 15 to 20 Years for Securities Fraud
According to several news reports, Walter Reinhardt of North Carolina, pled guilty to 40 charges of securities fraud, common law forgery and common law uttering in North Carolina yesterday. From 2005 to 2009, Reinhardt solicited fraudulent…
Allen Stanford: Persistent Due Diligence Could Have Made a Difference
The Allen Stanford alleged Ponzi scheme case is currently before the courts after years of delays. We are finally getting to hear from witnesses and co-conspirators about what they say were the lengths undertaken to defraud Stanford’s…
