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How can I be certain that the funds that IFA invests in are not themselves Ponzi schemes?

April 26, 2017certain funds IFA Invests ponzi Schemes

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How can I be certain that the funds that IFA invests in are not themselves Ponzi schemes?

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The infamous Ponzi schemes over the last few years have rightfully alarmed investors. Bernard Madoff and Stanford Financial were able to defraud clients by avoiding safeguards that are essential requirements of registered investment companies (i.e., mutual funds).