We Make Money Fun
We Make Money Fun
Shanna Tingom AAMS CDFA, Shanna Tingom, Jon Gay
What can we learn from celebrities?
9 minutes Posted Apr 25, 2023 at 2:30 pm.
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What Do Tom Brady, Usain Bolt, Stephen Curry, Mike Tyson, John McEnero, and Dennis Rodman Have in Common?
They were all victims of financial mismanagement, where their money was stolen or misappropriated by the companies or individuals they entrusted to manage it. These types of fraud typically fall into one of two categories: fraudulent activities such as theft or embezzlement; or Ponzi schemes where non-existent returns are promised, but only payouts come from other people's investments. In both cases, recovery of funds can be difficult if the money has already been spent.