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Late Tuesday evening, the Senate voted to get rid of a Consumer Financial Protection Bureau (CFPB) rule banning mandatory arbitration clauses and allowing consumers to bring class-action lawsuits against banks and credit card companies. ...
An Open Letter to Tony Robbins In a recent opinion piece titled, “An Open Letter to Tony Robbins: You’re Not Helping”, Douglas Boneparth, president of Bone Fide Wealth, LLC, took to his keyboard to refute a number of claims made by the celebrity financial advisor. Boneparth’s qualms stem partly from Robbins’ effort to appeal to a broad audience, from which he has made millions, without deep consideration or explanation of important facts: ...
Pennsylvania FA Charged With Fraud, Impersonating Clients Former RIA Jason C. Weigand has been accused of defrauding clients of $290,000. According to the U.S. Attorney’s Office for the Eastern District of Pennsylvania, Weigand, who ran Nations First Financial Group and First Financial Princeton LLC, is charged with bank fraud, wire fraud, mail fraud, aggravated identity theft, accessing a protected computer without authorization and money laundering. ... |