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How to protect yourself against financial scams


Flickr image Bernie Madoff by Yan Pei-Ming at San Francisco Art Institute - 159 by Steve Rhodes

Flickr image "Bernie Madoff by Yan Pei-Ming at San Francisco Art Institute - 159" by Steve Rhodes

The key to achieving financial freedom is to learn how to distinguish between genuine investment opportunities as opposed to financial scams, frauds and schemes.

I’ve recently discovered the powerful content of PBS programmes which aims to produced documentaries that we can learn and be entertained at the same time.

This video reveals the Madoff Affair – the largest Ponzi scheme uncovered that spans generations. Many of the people cheated in the scam were not unsophisticated investors. Still, they were taken in by Bernie Madoff’s ability to generate consistently high returns over many years.

In order to grow yourself towards financial freedom, it’s helpful to learn from the mistakes of others so that you can better travel on this journey to be financially free.

Be well and prosper.

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