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Tag: voodoopracticing

As a voodoo-practicing advisor is convicted, here's how to avoid the nightmare of bad money advice

As a voodoo-practicing advisor is convicted, here's how to avoid the nightmare of bad money advice

Finance
We've all heard of voodoo economics, but voodoo investing? Noted Washington, D.C.-area radio personality and former financial advisor Dawn Bennett was convicted earlier this week of fraud, found to have bilked 46 listeners, advisory clients and friends who trusted her out of some $ 20 million in a Ponzi scheme. Prosecutors say she used voodoo in an otherworldly attempt to escape justice. Founder and CEO of Bennett Group Financial Services (now a defunct firm) and the host of weekly radio program "Financial Myth Busting with Dawn Bennett," Bennett reportedly used investor money to pay Hindu priests in India for ceremonies to w...