Are We Mostly Crooks?

High-Flying Fraudster (Literally) Equals More Bad Publicity For Financial Advisory Profession

Marcus Schrenker is no Bernie Madoff, that's true. But the Indiana-based financial advisor's saga will dominate the news today in many markets, as it did today, landing on the cover of the New York Post. And with good reason: To elude Indiana regulators, Schrenker attempted to fake his own death and escape to a far-flung paradise. A plot straight out of Hollywood, this is surely another black eye for the financial advisory community...

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