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Markets, Mom and Madoff: How to avoid scams

I don’t think we need Madoff’s advice about how to keep people like him from cheating people like us. In fact, I learned more about avoiding investment scams from my mom than from anything Bernie Madoff had to say. In my last column, I referenced a MarketWatch interview with Bernie Madoff entitled “Don’t let Wall Street scam you like I did.” Apparently, the man who stole more money from investors than anyone else (so far) is now a trusted source of scam-avoiding advice for retirement investors. More on Market Watch here.

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