Don't Get “Bernie Madoff’d”: Avoid Ponzi Schemes and Fraud - EP.05

Today we’re talking about how not to lose your hard-earned money
through fraud. One of the advantages of alternative investments
are that they are less heavily regulated by the federal
government — but that also means you have to do more work when
you’re investing in alternative assets to make sure you’re
investing in a legitimate opportunity.


This episode, we discuss a few things you can do to to minimize
your chances of getting involved in a fraudulent scenario. We
share our general tips and tricks to making well-informed
decisions, what you should be looking for when initially
investigating a sponsor on an alternative asset, and the
actionable steps to take pre-close and post-close on a deal.


We hope you get access to many great deals — but don’t be a
sucker. Before you put your money into a deal listen to this
week’s episode. 


Key Takeaways:


[1:15] A few things you can do to minimize the chances that
you’ll be getting into a fraudulent scenario, and the two ways of
accessing alternative investments.


[1:54] Some things you should be looking for when you’re
investigating a sponsor on an alternative asset.


[4:58] Pre-Close: What do on the deal before it closes (and
before you wire that money over!) to help avoid fraud.


[11:03] Post-Close: Steps you should take after you’ve closed the
deal to make sure you’re not being subjected to fraud.


[15:34] General tips and tricks to be smart while making these
kinds of deals.


Mentioned in this Episode:


Bernie Madoff


For More on The Alternate Investor, Check Out:


TheAlternativeInvestorShow.com


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