Imposter scams targeting seniors are increasing (nearly fourfold since 2020) and scammers use artificial intelligence and social engineering to impersonate officials and trick you into handing over your money (1). A Pittsburgh-area resident lost $5 million after scammers posing as government officials used a two-pronged impersonation scam to convince the victim their money was at…
Thousands of clients trusted Todd Burkhalter to invest their money in high-yield real estate loans. In reality, Burkhalter was running a massive Ponzi scheme while splurging on buses and vacations to Mexico. These lies came to light in January 2026 when Burkhalter pleaded guilty to wire fraud through his Atlanta-based company Drive Planning LLC. With…
Feb 13 (Reuters) – The U.S. Federal Trade Commission is stepping up scrutiny of Microsoft and has “seeked answers from the company’s rivals about the tech giant’s licensing and other business practices,” Bloomberg News reported on Friday. The agency has sent civil investigation requests in recent weeks to Microsoft’s competitors in the enterprise software and…
YouTube megastar Jimmy “MrBeast” Donaldson has built an empire off of viral stunts and massive cash donations. Now, according to Business Insider, he plans to launch a YouTube channel focused on financial education, to teach his hundreds of millions of followers about investing and topics such as what Roth IRAs are (1). The moment surprises….
A recent report from Bank of America has revealed an alarming reality: seven tech giants, namely Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta Platforms, together account for almost $11 trillion in market value. These companies contributed to approximately 75% of the S&P 500’s returns during the first half of 2023, raising concerns about their…
When people think about investing, they usually start by looking at the stock market. But there are many other ways to invest your savings besides stocks, mutual funds, or exchange-traded funds. In fact, diversifying your portfolio with investments that are uncorrelated with stock market performance (or even negatively correlated) is often a smart move. Find…
