TOP IDENTITY THEFT STORIES IN THE NEWS: WEEKLY UPDATE

  Identity theft among family members affects millions Reuters “The realities of familial identity theft are far worse than anything you see in a soap opera. It is the ultimate in family betrayal.” Identity theft expert Linda Foley, who runs the consultancy ID Theft Info Source says the sad truth is family members ...   … Continue reading TOP IDENTITY THEFT STORIES IN THE NEWS: WEEKLY UPDATE

SENIORS MOST VULNERABLE INVESTORS

According to the North American Securities Administrator's Association (NASAA), seniors are the most vulnerable investors.  Seniors are a viable target for financial predators.  Why?  According to Money magazine, the average household led by those 75 and over has a net worth of $638,000. Secondly, seniors' ability to understand complex financial transactions lessens with age.  Thirdly, … Continue reading SENIORS MOST VULNERABLE INVESTORS

SENATOR GRASSLEY HAS HARSH WORDS FOR SEC CHAIR REGARDING WHISTLEBLOWER TREATMENT

US Senator Charles Grassley (R-Iowa) wrote to the SEC chairwoman, Mary Schapiro, and asked her to forego the proposed whistleblower rule which would require whistleblowers to report the non-compliance issue to compliance officers BEFORE filing a claim with the SEC.   Sen. Grassley acknowledged the primary purpose of the SEC - "to protect investors – not internal compliance programs."  Read Sen. Grassley's letter HERE.  The Dodd-Frank … Continue reading SENATOR GRASSLEY HAS HARSH WORDS FOR SEC CHAIR REGARDING WHISTLEBLOWER TREATMENT

ARE NURSING HOME PATIENTS BEING OVER MEDICATED?

The US government recently issued a report with some troubling findings for nursing home patients.  The Department of Health and Human Services' (HHS) report found that hundreds of thousands of nursing home residents were illegally drugged.   In fact, the HHS Inspector general, Daniel R. Levinson, makes the alarming statement that "despite the fact that it is potentially lethal … Continue reading ARE NURSING HOME PATIENTS BEING OVER MEDICATED?