{"id":51994,"date":"2016-03-29T08:24:06","date_gmt":"2016-03-29T12:24:06","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=51994"},"modified":"2016-03-29T08:24:06","modified_gmt":"2016-03-29T12:24:06","slug":"real-investment-adviser-sold-some-fake-investments","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2016\/real-investment-adviser-sold-some-fake-investments.html","title":{"rendered":"Real Investment Adviser Sold Some Fake Investments"},"content":{"rendered":"<p>\n(BloombergView) There are a lot of creative and amusing investment frauds in the world, but there is one great simple investment fraud, one original source from which all the others developed:Tell people that you have a risk-free investment that will give them their money back, with 15 percent interest, any time they want.<\/p>\n<p>Take their money.<\/p>\n<p>Why don&#8217;t people do this all the time? Well, I mean, they do. It&#8217;s a pretty popular fraud. But it is usually a fairly small-scale and labor-intensive fraud, because most investors who are at all sophisticated realize that the risk-free 15 percent return is itself a red flag. Real investments are risky or uncertain or at least illiquid; the proper response to a guaranteed liquid 15 percent return is &#8220;what&#8217;s the catch?&#8221; <\/p>\n<p><a href=\"http:\/\/www.bloombergview.com\/articles\/2016-03-28\/real-investment-adviser-sold-some-fake-investments\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(BloombergView) There are a lot of creative and amusing investment frauds in the world, but there is one great simple investment fraud, one original source from which all the others developed:Tell people that you have a risk-free investment that will [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51994","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/51994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=51994"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/51994\/revisions"}],"predecessor-version":[{"id":51995,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/51994\/revisions\/51995"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=51994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=51994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=51994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}