Friday, February 21, 2025

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ACATS Switch Fraud — Oblivious Investor


For years I’ve been of the opinion that it’s a good suggestion to not verify your funding accounts fairly often, because it leads many individuals to take part in a single type or one other of efficiency chasing.

I nonetheless, emphatically, suppose that altering your asset allocation on any common foundation is just not a good suggestion. However I positively see the worth in checking your accounts regularly as a fraud-prevention mechanism.

This week we’ve got a narrative of a very devious technique of fraud (which includes direct theft, straight out of the sufferer’s brokerage account).

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February 17, 2025

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