Not every investment advisor can be trusted. If you don’t
believe that statement, just look at Hunterdon County finance director Kimberly
Browne and the count’s treasurer, Margaret Pasqua, who are both awaiting trial
for various financial misdeeds of which they are accused.
The two women were allegedly caught engaging in illegal and
unscrupulous acts after the county was audited by two auditing firms— Wiss
& Co and Donohue and Gironda, and
Doria noticed errors and inconsistencies within the county’s annual report.
Among the issues with the report were inaccurate year-end financial statements,
unqualified or deceased employees who were still getting benefits, and improper
Medicare billing practices.
No one yet knows what’s in store for Browne and Pasqua, but
things aren’t looking bright for the pair. Regardless of what happens to these
two, however, an important lesson can be learned from their story: be careful about who you hire as your investment
advisor. Of course, you don’t really have to worry about being careful if
you choose the right financial service from the start, such as Platinum
Financial Associates of Naperville.
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