A partner with Diamond McCarthy of Los Angeles, Kathy Phelps has over 22 years of experience in bankruptcy law and fraud litigation. She is also the author of The Ponzi Book: A Legal Resource for Unraveling Ponzi Schemes and the forthcoming Ponzi Proof Your Investments: An Investor's Guide to Avoid Ponzi Schemes. Here she discusses the need for financial advisors to stay alert to potential Ponzi schemes on behalf of their clients and the red flags and warning signs they should look out for.
All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.