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Tag Archives | scams

Trust With Caution; Protect Yourself From Scammers

Early this year, dozens of expatriate Americans living in San Miguel de Allende, Mexico, found out that an employee of Monex Bank had emptied up to 158 accounts of some $40,000,000. Many of the customers lost their entire retirement savings. In this case, the all too familiar scam of promising returns “too good to be […]

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Shame On Rick For Disparaging The BYOB Scheme

You can go to the bank on this: every time I write something negative on any insurance product the proponents of these products come out of the woodwork, kicking and screaming. My recent article on the Be Your Own Bank (BYOB) scheme didn’t sit well with Clark Sowers, Belle Fourche, SD, who wrote a letter to the editor of the Rapid […]

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