July 19, 2024 | Daily Business Review
Overwhelmed CFTC Can Only Warn Seniors About Retirement ScamsAs one fraudulent dealer is shut down, more "moles" appear in its wake. Understaffed and underfunded, the agency simply does not have enough mallets to stop the spread of precious metals fraud.
By Aaron Cohn
5 minute read
March 25, 2024 | Daily Business Review
Residential Real Estate Compensation Changing After $1.8B Verdict and NAR SettlementThese changes are bound to shake up compensation in an industry that, at times, seemed anti-competitive—particularly in high value markets where the commissions grew increasingly large for the same services.
By Aaron Cohn
7 minute read
March 08, 2023 | Daily Business Review
CFTC Settles Leveraged Precious Metals Suit for $38M in Restitution and PenaltiesIn one of the most significant enforcement matters pursued by the Commodity Futures Trading Commission (CFTC) in recent times, a federal judge has approved a settlement requiring a group of defendants to pay millions in restitution to victims of a leveraged precious metals trading program.
By Aaron Cohn
5 minute read
December 28, 2022 | Daily Business Review
High Arbitration Costs and Confidentiality Burden Claims Against Bad Investment AdvisersThe Wall Street Journal recently ran an article on the high arbitration costs associated with recovering losses from investment advisers. The crux of Jason Zweig's article was captured in its subheading—"Battling with a financial adviser who has wronged you is wildly expensive—and the fight will almost certainly happen in secret. That needs to change."
By Aaron Cohn
5 minute read
October 18, 2022 | Daily Business Review
Federal Regulators Ban A-Mark's Leveraged Precious Metals Investment PlatformHistorically, South Florida has been a hotbed of precious metal investment frauds including unregistered retail investment firms pushing off-exchange, leveraged precious metal investments.
By Aaron Cohn
7 minute read
August 19, 2022 | Daily Business Review
Regulators Are Failing to Protect Elderly From Precious Metals Fraud Using 401K AccountsSome of my clients have been completely devastated by frauds committed by precious metals brokers. Others have just lost a lot of money.
By Aaron Cohn
6 minute read
June 23, 2022 | Daily Business Review
Crypto Scams Are Flourishing and Brokerages Claim They Are Not ResponsibleThese types of socially engineered hacks are happening at an alarming rate, and the crypto brokers are well aware of the problem because they are on the front lines of the complaints generated by their customers.
By Aaron Cohn
5 minute read
March 10, 2021 | Daily Business Review
Florida Construction Site Injuries: Spotting Liability IssuesFor construction site accidents, personal injury damage issues are layered on top of the many complications of litigating construction claims to determine liability.
By Aaron Cohn and Steven Gonzalez
7 minute read
August 26, 2014 | Daily Business Review
Raising Capital Through Factoring Accounts ReceivableMany companies in need of working capital, often young, growing companies without access to traditional credit, find alternative financing by factoring their accounts receivable, which involves the sale or assignment of the company's receivables to a lending company in exchange for providing capital.
By Aaron Cohn
5 minute read
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