FYI: “America’s Money Answer Man” and self-described “media influencer,” Jordan Goodman, has been charged with fraud for taking part in a massive $1.2 billion Woodbridge Ponzi scheme that bilked at least 4,400 people, many of them seniors, out of their retirement money, the Securities and Exchange Commission announced Wednesday. Goodman reportedly was fined $2.6 million by the agency.
Goodman, a Fox television financial guru, author or co-author of 13 financial books, radio host and public speaker, engaged in the pyramid scheme from 2014 until December 2017, the SEC said. He allegedly helped convince investors to put money into a series of securities for real estate deals through Woodbridge Group of Companies, which he touted on radio shows as safe and secure investments, the SEC said.
Regards,
Ted
https://www.fa-mag.com/news/-america-s-money-answer-man--now-answering-to-sec-42470.html?print
