The most compelling concept in life is truth. The dictionaries define truth as follows:

  1. The quality or state of being true.
  2. that which is true or in accordance with fact or reality
  3. A fact or belief that is accepted as true.

The reality is that truth is in abundant supply and yet that supply greatly outstrips demand. It is very apparent that very few people are intently seeking out the truth in most matters. It’s much akin to the famous words spoken by Jack Nicholson in a Few Good Men, “You can’t handle the truth!”

In the review of the financial victimization process, it is quite evident that both victim and perpetrator are heavily invested in avoiding truth. The victim has a perception of truth that fits their own bias and allows them to move rapidly towards a very poor financial decision. Amazingly they have been totally misled and misguided with information which will never allow them to make a clearly transparent and good decision about money. The perpetrator has led the victim down the pathway of non-transparency and very little disclosure. They basically sell the sizzle as is commonly referred to in the sales world. It’s a 100% emotionally driven process and it always ends with the victim being the loser.

What is most telling in this process is the ability of both victim and perpetrator to bend and manipulate the truth. Of course truth is by its nature somewhat flexible as can be seen in the definitions. “That which is true or in accordance with fact or reality.” Well reality is sadly in the eye of the beholder and it is not truly universal by its nature. If reality was that clear then we wouldn’t have such elements as crime, immorality, unethical behavior and such. So we all can see that reality is what an individual chooses to make it. Of course some reality is unalterable such as the need for oxygen, water and food, following the laws of physics etc… but all other forms or existence and reality are individually created and perceived. This is why victims can be created. The perpetrator uses the victims own perception against them. The emotions of hope, greed and fast wealth can lead anyone to the sad ending of victimization.

One very successful way to eliminate financial victimization is to control a personal level of due diligence in all decisions about money. Due diligence is factored into 3 areas:

Full disclosure, Total Compliance and Clear Transparency.

By following these 3 elements one can fully inoculate and insulate themselves from any and all forms of financial victimization. The essence of truth will ultimately expose the clear perception of if it waddles like a duck, quacks like a duck and has beak, it’s a duck. Most poor financial decisions are ducks. Sadly, people are manipulated into a process whereby they ignore all the characteristics of the duck and ultimately see a swan.

My role is to clearly help people identify and proactively avoid all forms of financial victimization. Some of this victimization is more obvious than others and yet is still been hidden from the public. The clearest example of this is the Reverse Compound Interest Syndrome.

Every day the vast majority of Americans are being financially victimized by the fractionalized banking system and the concept of financing. Sadly, we see people who are unwittingly giving all their opportunity for financial independence away and enriching the banks, finance companies, and creditors. It’s comparable to a financial triage. Most are in the street bleeding cash that is their lifeline for retirement and financial independence. This bleeding of cash comes in the form of excess interest payments through the vicious victimization of amortization. People gleefully give away all their future cash to the banks and finance companies in the form of interest payments. These are dollars that individuals will never have working for them in the form of compound interest. All the compound interest opportunity is being enjoyed by the banks, financiers and creditors. They are being enriched by the theft of future financial independence. It is IMPOSSIBLE to become financially independent when you are giving away $100’s of thousands in cash you never get to put to work for yourself.

The solution to this is putting a tourniquet on your bleeding and minimizing future interest payments. You can do this through the Advocacy Network as we provide a money management solution that will save you and your family $100’s of thousands and use for your future financial independence. All you need to do is give us a call or drop an email request for more information.

Don’t delay because every day you are bleeding cash that could make you financially independent.

YOUR Best Interest IS OUR ONLY Concern!

Financial Independence is a Thought Process

Americans have suffered from an epidemic of financial victimization due to a directed misdirection in our thinking process. Thomas Edison said: Five percent of people think. Ten percent think that they think; and the other 85% would rather die than think.

Leonard Read who was one of the great thinkers in the Austrian economic theory said: Many people believe they are thinking when, actually, they are only rearranging their prejudices.

Throughout history mankind has constantly sought to improve the standard of living. This has led to many incorrect thought patterns that have been promulgated and passed along. Some of these thoughts have been intentionally developed to mislead the masses in order to perpetrate an economic victimization of the society at large.

With all of this knowledge at our finger tips Americans remain in an economic cycle of scarcity and want. In the richest nation in the history of mankind we still somehow have the highest rate of financial illiteracy in the universe. How can that possibly be? It’s all in the thoughts we have allowed to penetrate and permeate our mind with.

In an open society such as we are blessed with the concept of opportunity is abundant. There is and never has nor ever will be a shortage of opportunity in the wealthiest nation in the universe. Yet with this absolute fact, a universal law; we still live in a society where only 5% of the population achieve unusual success. Of course many, many have asked the simple question of why and always the answer has remained the same the simple truth that we become what we think about. Aristotle told us: We become what we repeatedly do, excellence therefore is not an act, it a habit.

In the bible Jesus told us that “As a man believeth so it is done unto him” There is much more evidence to be found in all the great philosophers, religious leaders, military leaders, politicians and teachers all of whom have discussed the universal law of cause and effect. It is in this law that exists the truth of how our minds determine who and what we become and how we accomplish the dreams, desires and goals we set for ourselves.

Nowhere is this more evident than in our financial lives. While 5% achieve unusual success, the other 95% somehow wallow in financial independence and a lack of belief in financial independence. Non-belief is the direct path to financial dependence. Just take a look at how the vast majority of Americans are raised to think about money.

We all started in grammar school and whether that was public or private we were indoctrinated into a thought process of hard work being the foundation to any future success. It would all come through hard work and effort and as we all had the opportunity to determine our futures it would be hard work and effort that separated us from the crowd. That was further directed into a belief that we should complete an education, get a job/career and then spend our time in that commitment until we RETIRE and then move onto a life of leisure and relaxation. This was sold to us as the American dream. Now, we never questioned who the true beneficiary in that American dream was. We were perfectly happy to accept the lessons or lack thereof on the reality of money. Can you remember any discussion of financial literacy throughout the first 12 years of a so called education? You can’t, and that is because there was no such lessons to be taught. Even when entering college, unless you became a finance major you still received no financial literacy education. I hate to expand on the reasons why, but one can safely assume that it wasn’t an oversight, it was a designed educational determination.

The history of money is a well worthwhile education and those who complete this education are the ones most prepared to rise into the top 5%. That could easily be a top 20% stat if more people would simply come to the direct awareness of how to think as opposed to what to think. By changing how you think all the difference can be made for the exponential growth into financial independence.

The first step is to become aware of the how the process works. Once that is accomplished one need only use the strategies and tactics that formulate the process.

The Advocacy Network provides the awareness, financial literacy education and the personal help that drives people to financial independence. This is a development of a thought process which continually makes smart decisions about money. The 5% reality is living proof of a massive lack of proper thinking. The 95% get stuck in the sad cycle of conformity and they are not conforming those who are successful but conforming to the masses who are unwittingly locked into financial dependence.

You can step outside the boundaries and become financially independent much easier than you realize. There are financial solutions which will rip you out of the fabric of fiscal conformity which dooms us to financial dependence. We have a foundation of financial solutions which establish financial independence. If you continue to do the same things over and over while expecting different results you sadly are suffering from a form of insanity. It’s a common form of insanity which the 95% always suffer from and have sadly been mired in denial about.

Let’s discuss how to break out and eliminate all forms of financial victimization, while opening your opportunities for financial independence. It’s not complicated and truly much easier than you would ever think possible.

YOUR Best Interest IS OUR Only Concern!

Self-Talk Your Way to Failure

Recently I reviewed some studies that say 77% of self-talk is negative. That’s a bit stunning when you consider how important self-talk is to one’s daily being. The entire concept of self-talk is what becomes fired into our sub-conscious mind. The reality of thought and action comes directly from the messages in our sub-conscious.

Earl Nightingale said: What we plant in our sub-conscious mind and nourish with repetition and emotion will one day become a reality.

The powering of our subconscious mind comes from our self-talk and once programmed the subconscious will work overtime to manifest what it believes you desire. It has no concept of real or imagined, good or bad, right or wrong. It only knows what you told it you want and its mission in life is to give you exactly what you want.

Over many years I have benefitted from keen awareness of this so called secret. It’s not a very well-kept secret but is clearly protected because so few people choose to become aware of it. Even when aware most people don’t believe in it, they remain skeptical and choose to continue doing the same things over and over all the time expecting different results.

Now, I decided to ask myself “how does self-talk create victims?” As such it dawned upon me that victimization wasn’t simply an action it was a habit. And as all habits are prone to do it is ingrained. Financial victimization is epidemic in our nation. Proof of this is all around you. Consider the reality that we are the richest nation on the planet (no other nation is remotely close), in fact many studies have said that we possibly control over 80-90% of the world’s wealth. On the other hand we also have the highest rate of financial illiteracy in the world. How can this be? Is it somehow possible that Americans are just luckier than any others in the world? I can attest to the fact that it has nothing whatsoever to do with luck.

The primary essence of success is a mindset that understands failure and the great powers in many failures. There is no success without failure. Sadly many have joined a conformity that is perpetrated upon the premise that failure is bad and should be avoided at all costs. This is commonly referred to as mediocrity and our society is mired in it.

The great American dream was always promulgated upon the opportunity to attain substantial wealth based upon the dreams and desires one creates in their mind’s eye. This has always and still does exist, yet the shades have been pulled down to eliminate the light of abundance and opportunity. It is replaced with a pursuit of security. The pursuit of security begins with a small handout, it could be a government subsidy or a form of continued employment. Either way it becomes a yoke which often burdens one with a lack of opportunity. No one reaches financial independence through the pursuit of security, just doesn’t happen. The two are diametrically opposed. Entrepreneurial spirit is one of risk taking and it also is one of pure sacrifice and commitment. The cavemen originally showed this personal initiative and provide us with the ability to survive. It is commonly referred to as the flight or fight syndrome. The stark reality is that 5% of the population is financially independent and the other 95% chooses to flee when the fear of success lights upon them. Their self-talk directly condemns them to the fear of failure and as such they never cross the divide of failure and success.

This can be changed, but it takes personal integrity and great risk tolerance. No running when fear of loss knocks on the door. No avoiding failure when it appears. It requires changing the thoughts one allows to linger in the mind and also a pure self-confidence in all one undertakes.

Presently there is a massive financial epidemic which is directly the largest form of financial victimization in our society. This epidemic is known as Reverse Compound Interest Syndrome and all are suffering from it. Our mission at the Advocacy Network is to fully eliminate financial victimization is all its forms. We accomplish this through promoting awareness, providing financial literacy education and lastly helping as many people as possible achieve financial independence.

Let’s work together to change lives and provide the truth of the American dream once again.

YOUR Best Interest IS OUR ONLY Concern!


Debt By the Numbers

I was hoping to shed some light for all on just how ridiculous and unfortunately destructive debt really is. Today at this moment (and I say that because each moment the number changes by $100’s of thousands) the US debt is 20 trillion + numerically that looks like this 20,000,000,000,000 how about that number? Does it seem ridiculous to you? It should, as we commonly refer to in the financial arena this is telephone numbers x 100. But let me help define it a bit differently as most people are not really accustomed to the language of numbers.
Let’s say we paid $1,000 a second against this 20T debt, that would be $60,000 per minute and $3.6M per hour. Daily it would be $86,400,000 per day as in $86.4M per day. In a year that is 31,536,000,000 or $31.5 Billion which would equate to $3.1T over 100 years. A century folks. That means that to pay off the $20T would take approx. 650 years at the rate of $1,000 per second. And that is without figuring for interest on the debt. Possibly 1,000 years with interest payments.
I really hope this puts some perspective on just how destructive debt truly is. Of course none of us individually has any numbers like this but sadly our numbers while much smaller are still just as deadly. For the average person in our society there is no chance for financial independence and that has nothing to do with lack of opportunity, education or network of influential friends or family. No, the real problem is the vast majority of Americans have been sold a bill of goods. They have been victimized and have unfortunately gladly embraced this victimization. I refer to it as the Reverse Compound Interest Syndrome. This has caused an epidemic of financial victimization under which the victims have lost all rights, chances or opportunities for financial independence. The direct causation is debt which carries with it the curse of interest payments. It’s not the debt that causes the victimization, it’s the interest that ends all hope of financial independence. Those agencies, organizations, institutions and corporations that lend you money and then earn money on that money by charging you interest are enjoying the magic of compound interest on YOUR money.
Please take a moment and think clearly. As long as you are paying interest you are losing the ability for that money to earn money for YOU and YOUR family. The longer you continue to pay this interest the LONGER YOU lose the opportunity to become FINANCIALLY INDEPENDENT.
Time to take back control of YOUR money and benefit from the MAGIC of COMPOUND INTEREST.
The national statistics on personal debt show the following:
Mortgage Debt $8+ Trillion
Auto Loans $1.1+ Trillion
Credit card debt $850+ Billion
Student Loans $1.3+ Trillion
Anyone think there might be a problem?
How sweet would it be to have a solution that speeds up the terms of interest payments, puts that savings back in your hands, and sticks it to the Banks, Merchants and Credit Card companies at the same time?
the Advocacy Network can provide this very solution. YOU can save $100’s of thousands in interest payments that presently are leaving you bankrupted from any financial independence. We have a software program that will re-allocate and redistribute your monthly payments to maximize your interest payment savings, in fact the average savings has been in excess of $108,000. The savings can be redirected into programs or investments that will compound and propel you to financial independence.
Time to STOP giving away the earnings your money can create for YOU. Presently you like the vast majority of Americans are stuck in the Reverse Compound Interest Syndrome and the Banks, Merchants and credit card companies are depending on you to stay in this condition. The Advocacy Network has the solution and we will put you in the driver’s seat for your financial independence. Let’s talk and show you how easily YOU can take back control of your money and stick it to the banks.
YOUR Best Interest IS OUR ONLY Concern!

Wake UP Everybody!

Back in the late 70’s Harold Melvin and the Blue notes had a hit by this same title. The co-lead singer was yet to become a big star, his name Teddy Pendergrass. Here are some of those lyrics:

Wake up everybody, no more sleepin’ in bed
No more backward thinkin’ time for thinkin’ ahead
The world has changed so very much from what it used to be
So there is so much hatred war an’ poverty

Wake up all the teachers, time to teach a new way
Maybe then they’ll listen to whatcha have to say
‘Cause they’re the ones who’s coming up and the world is in their hands
When you teach the children, teach ’em the very best you can

So, how does this have any connection to financial victimization? Well, we are in the midst of a financial and economic epidemic which is financial victimization. Sadly the underlying disorder is completely ignored. The greatest financial victimization is being perpetrated by merchants, banks, and credit card companies. Scams, fraud and predatory sales tactics are responsible for $250B+ annually, yet that is pennies in comparison to the trillions being taken out of the pockets of Americans through debt manipulations. This is backed up and reinforced by a financial media which is basically funded by these organizations through advertising revenues.

Its a very effective cycle which begins with financial illiteracy and escalates into total financial victimization. Let’s look at some of this manipulation.

The vast majority of Americans have tied themselves to an anchor which assures they will NEVER reach financial independence. In fact they have unwittingly locked themselves into the death spiral that eliminates any opportunity for financial independence. ALL of this could easily be avoided and many, many more Americans could enjoy the benefits of financial independence.

It all begins with credit, whether that is mortgage, auto loan, student loans, or credit cards this debt carries interest. (Mortgage debt is over $8.5T, Auto loans $1.14T, Student Loans $1.45T and Credits cards $850B) The greatest tool banks, merchants and credit card carriers possess is INTEREST payments. This is commonly referred to as the magic of compound interest. Unfortunately for you this magic is being used to assure you will never reach financial independence, you will be a financial slave to the organizations who are reaping he benefits of compound interest. This is further escalated so that if you have any additional funds to invest you do so with the “mutual funds.” Those magical packaged investments that somehow will push you towards the heights of financial independence. Unfortunately once again this is a myth and the mutual funds earn more of your money through fees. The financial media and pundits once again manipulate you with the magic of mutual funds because they are directly funded and supported by the very mutual funds they are pushing. These same media pundits rail against brokers, financial advisors and insurance agents as the enemy when in reality these pundits are being paid by the mutual funds and investment institutions. So even if you have any left over money after all the excessive interest payments the mutual funds and investment packagers make sure they get the remains.

You are being financially victimized every day. You are losing $100’s of thousands of dollars over your lifetime. This is the very money that would propel you into the arena of financial independence, you have the financial wherewithal in your hands right now! All you need to do is make some very simple changes and learn to trust yourself instead of the pundits and financial media.

The Advocacy Network provides all the financial literacy education as well as the financial solutions that will propel you into financial independence. Our mission is not only to eliminate all forms of financial victimization but also to help our members reach financial independence. we know that people who are financially independent never become victimized. They have no exposure to financial victimization because they are financially independent. Wake up everybody and join us! The results will be financial independence for YOU and YOUR family members. Wouldn’t you like to save $100’s of thousands of dollars for your own financial well being? How about doing that while also sticking it to the banks, merchants and credit card companies? That’s a win/win right there. Take back control of your financial life style and life experience. It is easily accomplished, it just needs your willingness and support.

YOUR Best Interest IS OUR ONLY Concern!

Secret To Financial Independence: Discipline!

Much has been written and said about the concept of financial independence. There are media pundits who are earning millions of dollars spewing excessively poor financial information, add to this many financial institutions who earn billions by promulgating financial myths which keep the middle class indebted for their lifetimes. This needs to be exposed and the public needs to understand how to reach true financial independence.

Incredibly when you make the effort to rummage through the avalanche of white noise along with the intentional communication of mis-information you can attain the necessary awareness of how to become financially independent. Proper information along with personal discipline can make ANYONE financially independent. While getting proper information is certainly a challenge, the real difference between those who are financially independent and those who are not is PERSONAL DISCIPLINE.

Financial victimization continues to be the most prevalent financial risk due to both a lack of proper information along with a distinct lack of personal discipline. This combination exposes one to the ravages of financial victimization.

Let’s do some brief revisionist history. Prior to the stock market collapse in 1927 people held mortgages on their homes, yet unlike today’s mortgages these notes were immediate recourse notes, thus they could be called by the bank at any time. When the market collapsed the major problem was the leverage we today know as margin accounts. Unlike today people were able to have massive leverage in the 1920’s which helped promote great prosperity, it was the “roaring” 20’s. So when the margin calls started investors needed to flood the banks to pay their calls and the banks needed the cash to pay their depositors and thus called in the mortgages to get the cash from the depositors, can you see where this is going? Thus the result was a decade or so of depression. It was purely a velocity of money issue.

If we fast forward today, we find a mortgage market which almost imploded and caused the same type of event but there were certain checks and balances put in place to hopefully stopped any similar event from happening. One of those changes included the 30 yr mortgage with no recourse except for default. Not only banks are able to play in this market however and thus there exists a network of “mortgage banking” operations to play this game. In the end the victim of this game is you the mortgagee. You unfortunately don’t know what you don’t know. The pain of unawareness costs you and your family 100’s of thousands of dollars or a working lifetime.

The factor that separates the wealthy from the financially dependent is the use of leverage, credit and the massive tool of compound interest. Sadly the misunderstanding or total lack of awareness about compound interest is the #1 reason for financial failure. When you understand fully the magic of compound interest and use it for your benefit you have no choice but to become financially independent. You are either paying banks and creditors interest or you are paying yourself. When you are paying the interest over the full course of the time contracted for you are losing the use of that money and the growth of that money. Besides paying 2-3x more for whatever you are financing you are also losing the future value of the money which in most cases is a lifetime of earnings. Most people work for money and never gain the next level of money working for money. its this level that creates financial independence.

Financial literacy will provide you the proper information and personal discipline will take you to the next level. That personal discipline doesn’t immediately require you to make sacrifices, it does require that you redistribute your present income in ways that will save interest and allow you to put those savings into interest growth for yourself. We have the answers which don’t require you increasing your present spending but simply directs how you distribute your present funds. Let’s discuss how to help you avoid financial victimization, gain financial literacy and become financially independent.

YOUR Best Interest IS OUR ONLY Concern!

The Causes and Consequences of Financial Fraud Victimization Among Older Americans

The start of a study into the causes and damages of financial victimization. It basically reinforces the WHY for the Advocacy Network.

by Keith Jacks Gamble, DePaul University

Financial fraud is a major threat to the retirement security of senior citizens, and its prevalence is growing.  Despite this problem, few studies have examined the factors that make an older person susceptible to financial fraud.  The impact of being a victim of financial fraud on future decision making is also under-examined.  The proposed research will address these gaps in knowledge about the causes and consequences of financial fraud victimization among older Americans.

Perhaps the most significant barrier to research in this area is getting the data required for a systematic study.  Victims may never report the crime to the authorities, and known victims may not want to share their experience.  The PI has found a unique opportunity to study financial fraud through Rush University Medical Center’s Memory and Aging Project (MAP), an ongoing longitudinal study of aging.  Since its beginning in 1997, MAP has enrolled participants age 60 and older from throughout the Chicago metropolitan area in its study.  Participants undergo yearly interviews and clinical evaluations.  Since 2010, MAP has administered a survey of financial decision making, which includes questions addressing financial fraud victimization. Currently, MAP has 664 participants who have completed at least one decision-making survey; 62 participants report being recently victimized by financial fraud.  The MAP decision-making survey has generated a large dataset from victims and non-victims of fraud.  The PI will use the MAP dataset to test hypotheses about what makes a person susceptible to financial fraud and what impact fraud victimization has on one’s future financial decision making.  The dataset includes the required demographic variables to control for confounding factors, including age, sex, and educational attainment.

It is truly incredulous as to the wide unawareness that exists in the topic of financial victimization. It grows more damaging by the day and there is very little if any true proactive protection for the public. Of course there are numerous agencies, bureaucracies, and institutions that have really good intentions. Unfortunately we all know where the road paved with good intentions ends up. The Advocacy Network is created and focused on providing true and real proactive protection from ALL forms of Financial Victimization which includes scams, fraud and predatory sales tactics. we are an effective, affordable and consistent protector. we have saved members in excess of $6.5M to date.

YOUR Best Interest IS OUR ONLY Concern!

Self Directed IRA’s

A growing amount of fraud is being perpetrated on unsuspecting retirees through self-directed IRA’s. Today I am sharing some material from an article written by L. Christopher Knight, CFE, CPA. In it you will get some valuable information concerning the dangers and how to avoid the risk involved in self-directed IRA’s.


According to the Investment Company Institute (ICI), as of Dec. 31, 2013, approximately US$23 trillion was invested in retirement savings, which represented 34 percent of U.S. household financial assets. (See Retirement Assets Total $23.0 Trillion in Fourth Quarter 2013.)

The large amount of money held in retirement accounts might make them more susceptible to fraudsters. Also, as investors become more savvy they might be enticed to identify other alternative types of investments outside the traditional types of investments (i.e. stocks, bonds, mutual funds). A potential growing trend for SDIRA investments and opportunity for fraudsters might exist in the crowd-funding phenomenon. Below are five helpful tips to prevent and avoid SDIRA fraud from the U.S. Securities and Exchange Commission. I’ve added tip No. 5. (See the SEC Investor Alert, Self-Directed IRAs and the Risk of Fraud.)
1.Verify information in SDIRA account statements. Because LLC managers report investment values to custodians, it’s important that investors take extra care to understand the underlying investments. For example, if investors are directing their investments into real estate they should verify the existence of the real estate. Investment promoters should be willing to provide sound evidence of how the investments were valued.
2.Perform some due diligence. Verify that the person offering the investment is licensed. This may provide some security because any credible investment advisor typically has to go through a series of regulatory steps to become licensed. Also, obtain references of the person offering the investment.
3.Ask questions. This is probably the most important step you can perform when investing in any product. If you don’t understand the investment or process well enough so you can explain it to others, then it probably isn’t something you should be investing in.
4.Be mindful of guaranteed returns. If it is too good to be true then it probably is. It’s a cliché, but do I need to say more? Rarely do any investments have guaranteed returns. Just remember this simple saying: The higher the risk, the higher the reward. And the lower the risk the lower the reward.
5.Seek counsel. Seek the advice of friends who aren’t professional attorneys or CPAs. You might be surprised at how intuitive they can be in gauging your investment opportunity.


In the next decade, fraud risks associated with SDIRAs will grow with the large number of baby boomers entering retirement age and the huge pool of assets available to fraudsters. Also, younger generations may seek investment opportunities outside of the traditional stock markets, such as technology and start-up ventures. As anti-fraud professionals, we need to be aware of new and sophisticated ways investors may be defrauded.

YOUR Best Interest IS OUR ONLY Concern!

Children at Risk!

Here is some info from an article in the Fraud magazine from the Association of Certified Fraud Examiners. There is a growing identity theft proliferation of children. And the most surprising issue is how the scammers and fraudsters are gaining access to your children. They are using the most insidious psychological triggers possible, that of the safety and protection of your child. The ID packages that parents use to protect their children are now tools fro scams to steal the identities of the children. Imagine that? Weel, here are parts of the article for your review: The author is By Robert E. Holtfreter, Ph.D., CFE, CBA, CICA,

Thieves targeting the most innocent victims

Child identity theft is the unauthorized use of children’s personally identifiable information (PII) including names, addresses and, most importantly, SSNs, to commit fraud. (See To snare a menace: ‘Synthetic identity’ fraudster stole millions, by Anthony P. Valenti, CFE, CAMS; Stephen G. Korinko, CFE, CAMS, CPP, Fraud Magazine, November/December 2016. — ed.)

Parents seldom systematically review their children’s credit reports. They might only look at them when their children attempt to obtain student loans, credit cards or jobs.

How serious is the problem? In an analysis of identity protection scams of more than 40,000 children from 2009 to 2010, Richard Power, Distinguished Fellow at Carnegie Mellon Club, summarized the key findings of his research in his 2011 report Child Identity Theft:

  • “4,311 or 10.2 percent of the children in the report had someone else using their Social Security number — 51 times higher than the 0.2 percent rate for adults in the same population.
  • “Child IDs were used to purchase homes and automobiles, open credit card accounts, secure employment and obtain driver’s licenses.
  • “The largest fraud ($725,000) was committed against a 16-year-old girl.
  • “The youngest victim was five months old; 303 victims were under the age of five.”

Part of the seriousness of the problem can be traced to more parents creating child identification kits that law enforcement agencies use to identify lost, abducted or runaway children. The kits allow parents to document distinguishing characteristics of their children, including physical description, possible biometric information such as palm prints and fingerprints, dental or medical records, DNA samples and SSNs.

The kits are great tools, but fraudsters can steal them and use the private PII for fraudulent purposes. And parents should be extremely careful when choosing organizations that offer kits.

Stealing the identity of a five month old is basically an incredible threshold to have passed. Meanwhile the normal reactionary bureaucracies, agencies and organizations have done nothing substantial in this oncoming epidemic. In order to fully protect YOU and YOUR children will be completing full due diligence on all organizations that sell identity packages for families and their children. Kindly use us as a resource before releasing the vital information of your children.

YOUR Best Interest IS OUR ONLY Concern!

Adviser to plead guilty to ‘cherry-picking’ investments in $1.3M scheme

This is an article from Financial Planning By
Tobias Salinger
January 26 2017, 5:03pm EST

A former adviser has agreed to plead guilty to bilking at least 30 clients out of $1.3 million by sticking them with losing investments and keeping the winners for himself, according to the Department of Justice.

Michael J. Breton, former managing partner at now-defunct Strategic Capital Management, will spend up to three years in jail and provide full restitution to his victims, if a judge approves his plea deal. The criminal case is filed in district court in Massachusetts.
Breton, 52, agreed to plead guilty to securities fraud and to a permanent ban from the industry in separate deals with the SEC and federal prosecutors. He founded the former Boston-area firm in 1999 and ran his scheme from 2010 until last year, the SEC says.

“Motivated by greed, Mr. Breton used his clients’ trust against them,” Harold Shaw, special agent in charge of the FBI’s Boston field division, said in a statement.

Investigators from the SEC’s market abuse unit detected Breton’s fraud through data analysis, according to the regulator.

For years, Breton used “master” or “block-trading” accounts — which enable advisers to make purchases on behalf of groups of investors — to buy shares on the days companies reported earnings, according to prosecutors. Breton waited until after the companies released their quarterly results to assign the trades to portfolios he managed, investigators said.

“Investment advisory clients, by necessity, entrust their advisers with great discretion over their life savings,” Acting Massachusetts U.S. Attorney William Weinreb said in a statement. “As today’s charges demonstrate, when advisers abuse that trust — by stealing from their very own clients — they will be held criminally accountable.”

A lawyer for Breton did not respond to requests for comment.

A woman who answered the phone at Newburg & Co., an accounting firm in Waltham, Massachusetts, where Breton has listed himself as a partner in SEC public disclosures, said no one would be available to comment Thursday. Breton did not return a message left for him there.

Strategic Capital reported $23.5 million in assets under management in its last SEC Form ADV from March. As of Dec. 16, Breton is no longer registered with the SEC.

He is currently a CFP in good standing, however. The CFP Board is aware of Breton’s case, but it has a long-standing policy of commenting “only on CFP Board disciplinary matters that have resulted in public discipline,” a spokesman said in an email.

A representative for Fidelity Investments, which provided one of the master accounts investigators believe Breton used in his scheme, said the company doesn’t comment on individual clients.
Representatives for Charles Schwab, which offered the other master account cited by prosecutors, provided the following statement:

“Schwab prohibits the use of master accounts for preferential trading activity. We do have systems in place designed to detect preferential trade allocation practices in the master accounts of independent registered investment advisers. In this case, Schwab terminated its relationship with Mr. Breton and Strategic Capital Management due to concerns about trading activity.”

The company did not immediately provide the termination date.


During the length of his fraud, Breton shuttled more than 200 unprofitable trades from his personal accounts into those of his clients, according to the SEC.

Breton bought thousands of shares in companies like cybersecurity firm Fortinet, Intel subsidiary Altera, cosmetic-store chain Ulta Beauty and fast-food chicken restaurant chain El Pollo Loco, SEC investigators said. The commission found that he allocated the trades hours or even minutes after the earnings reports.

“As alleged in our complaint, Breton assured clients that he would put their interests first but did just the opposite,” Joseph Sansone, co-chief of the SEC’s market abuse unit, said in a statement.


Securities fraud carries up to 25 years in prison, five years of parole and a $5 million fine, according to the U.S. Attorney’s Office.
The plea deal recommended by prosecutors would require Breton to forfeit all funds in a personal bank account and half the proceeds from the sale of his Hopkinton, Massachusetts, home. The full restitution amounts to $1,326,696.

Breton would also pay a fine under the arrangement, subject to sentencing guidelines, unless a judge rules him unable to do so.

Following a yet-to-be scheduled plea hearing, the judge is expected to set a date for a sentencing hearing.

I provide this as an outlier to those of you who have professional advisors. Its important to take personal accountability within your investment portfolios, as having a trusted advisor is always a positive yet it can go badly when you disregard the combination of advice and personal accountability. Your money is your responsibility so when choosing a professional advisor you need to complete reasonable due diligence and also make sure that you and the advisor have a strong relationship potential which treats one another as partners. The Advocacy Network seeks to do no harm with members and financial service professionals. We will however expose any of those professionals who step out of bounds in their professional and ethical duties. I can safely say that people like this advisor are the exception and the vast majority of CFP’s are highly ethical and professional. The only method to fully protect yourself though is to have a personal accountability and maintain full awareness of your investment portfolio. Always remember the financial advisory relationship is a partnership and not a dictatorship, it is after all YOUR money at risk.

YOUR Best Interest IS OUR ONLY Concern!