Advice for Scammers

Major private banks seem tohave a talent for ripping people off.  A“structured product” is a good example. By investing in hedge funds with a boatload of fees, these structuredproducts can transfer a $1 million investment over to the bank in just aseven-year period. 

This is accomplished by bleedinginvestors out of their returns.  Insteadof allowing investors to compound their returns, banks will slowly skim of thetop.  For more humorous methods of stealing lotsof money, click here.

See EdwardSiedle, How to Steal a Lot of Money (PartIII in a Series): The Beauty of Bleeding, Forbes, June 6, 2013.