Earl Jones Corp.

Jul 21, 2009 19:19

Just curious about the opinions people have in regards to the stories about Earl Jones Corp?
The Gazette online reports that he is in Canada and has been in touch with police.
If I lost my life savings regardless of fraud, I'd be more than a little upset.

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Comments 4

lolies79 July 21 2009, 23:38:00 UTC
I know it really sucks for people who were close to retirement and all of a sudden they have to keep working for another 10 years, but unfortunately, every time that you invest money, you always take the risk of fraud and/or just losing it all because of the markets.

But I think that the real terrible thing is that these people always seem to get away with it. Like Vincent Lacroix, he's just gotten out of prison at least than one sixth of his sentence AND the police/gov't/I don't know who seized all this houses and almost all he had, but they still wont use any of that money to give back to the people that have lost everything, that to me is just like WOW WTF

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wendykh July 22 2009, 03:34:57 UTC
and this is why you should always use a licensed and insured investment representative.

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kaylla_334 July 22 2009, 03:50:38 UTC
The ''licensed and insured investment representative'' can still get you to invest in a company that will later be revealed to be a fraud. Most of these aren't gloating about it, they try to keep it hidden for as long as possible while they're cashing in.

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astrowench July 22 2009, 12:01:36 UTC
yes, but as I understand it, investing your money with someone licensed & insured gives you a chance of getting (some of) your money back, should the company turn out to be fraudulent. earl jones' clients are up shit creek.

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