Americas Watchdog Is Offering Free Advice To All Consumers Who Were Taken In The $320 Billion Dollar Auction Rate Securities Scam
May 13th, 2008Americas Watchdog is offering to help all victims of the auction rate securities scandal. The group has termed the auction rate securities debacle, “the single worst case of fraud in US history”. Why is this the biggest case of fraud in US history? Over 100,000 US citizens were told by their name brand US bank, a high profile Wall Street stock brokerage firm, or a financial institution that individual investors there was no risk in something called an auction rate security, they were liquid, they were just like cash”. On February 14th 2008, the auctions failed, and now over 100,000 US investors are wondering if they will ever see their money again. In this case its $320 billion dollars. This represents the life savings of most victims. Victims can call Americas Watchdog anytime at 866-714-6466
|
Permalink | Trackback
Related Articles