My father is in his late 60s and currently resides in FL where this all happened. He has been going through some tough financial struggles lately. Forgive me for my lack of details or understanding, but this is something my father does not willingly talk about too much with me and it makes it harder for me to describe it.
Couple of years ago my father hired a financial adviser to invest his money for him. The brokers name is David W. House and apparently this is someone my father trusted very much since they have known each other for many years and often used to go fishing together. After a couple of good investments, this guy and his partner talked my dad into a huge investment with big returns. They basically guaranteed that he could make up to 12% return in stock marketand that there were no real risks involved.
Later I have learned that he was using basic mutual funds and had no ground to promise returns.
CG Capital Markets Reviews
My father is in his late 60s and currently resides in FL where this all happened. He has been going through some tough financial struggles lately. Forgive me for my lack of details or understanding, but this is something my father does not willingly talk about too much with me and it makes it harder for me to describe it.
Couple of years ago my father hired a financial adviser to invest his money for him. The brokers name is David W. House and apparently this is someone my father trusted very much since they have known each other for many years and often used to go fishing together. After a couple of good investments, this guy and his partner talked my dad into a huge investment with big returns. They basically guaranteed that he could make up to 12% return in stock marketand that there were no real risks involved.
Later I have learned that he was using basic mutual funds and had no ground to promise returns.