Welcome to Real Life Regulators, a podcast featuring investment fraud cases from the files of state and provincial securities regulators and discussing how these regulators bring fraudsters to justice.
Real Life Regulators brings true crime stories straight from the investigative files of the securities regulators closest to investors. By taking listeners through the investigative process, the podcast provides an insider’s view of how to identify an investment scam, which is one key to investor protection. Real Life Regulators is produced by the Life Stages Project Group of NASAA’s Investor Education Section and also is available on iTunes and Google Play.
EPISODE 1 The Advisor and the Widow: Investigators and lawyers from the Connecticut Department of Banking’s Securities and Business Investment Division, discuss how an unscrupulous financial advisor took advantage of a widowed client and drained her investment account to pay down debt and spend on personal expenses, including limousines, expensive dinners and sporting events.