Who gets caught in modern Ponzi schemes?

What this episode covers

On this week’s Allworth’s Money Matters, Scott and Pat discuss how a $1.3 billion Ponzi scheme ensnared many retail investors. Scott and Pat advise a Georgia woman trying to lower taxes on her $900,000 IRA. A concerned man asks if his bank can seize his savings. A pensioner is deciding between a $1.4 million lump sum or $8,000 monthly payout. Scott and Pat advise a New Jersey caller who wants to leave a $100,000 perpetuity for his favorite charity. Finally, a Denver man asks if a traditional or hybrid long-term care insurance policy is better for him. Ask a question by clicking here, or email Scott and Pat at [email protected].

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Frequently Asked Questions

How long is this episode of Money Matters by Allworth Financial?

This episode is 52 minutes long.

When was this Money Matters by Allworth Financial episode published?

This episode was published on November 2, 2019.

What is this episode about?

On this week’s Allworth’s Money Matters, Scott and Pat discuss how a $1.3 billion Ponzi scheme ensnared many retail investors. Scott and Pat advise a Georgia woman trying to lower taxes on her $900,000 IRA. A concerned man asks if his bank can seize...

Can I download this Money Matters by Allworth Financial episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.