07.25.24 INVESTMENT WARNING: Private Placements / When Is A Bank NOT A Bank?
Be aware, falling for this hotly touted investment pitch can burn your wallet - What to know about Private Placements. Also, when is a bank not a bank? Hundreds of millions of dollars have vanished from multiple fintechs, money that was deposited via the fintech apps. Clark did some digging and lets you know what he’s found out.
- Beware Of Private Placements: Segment 1
- Ask Clark: Segment 2
- Fintech Missing Money: Segment 3
- Ask Clark: Segment 4
Mentioned on the show:
- A Real-Estate Fund Industry Is Bleeding Billions After Starwood Capped Withdrawals - The WSJ
- Can a Patient Advocate Help With Your Medical Bills?
- How Should I Donate a Non-Working Vehicle?
- 6 things you need to know before donating your used vehicle
- NYTimes: What Happens When Your Bank Isn’t Really a Bank and Your Money Disappears?
- How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
- Chase’s plan to charge for checking accounts—and how consumers might respond
- Report: The #1 Internet Provider in America
- Fixed Wireless Internet: Using Your Cellular Service Provider for Home Internet
- What Is Umbrella Insurance and Do You Need It?
Clark.com resources
- Episode transcripts
- Community.Clark.com
- Clark.com daily money newsletter
- Consumer Action Center Free Helpline: 636-492-5275
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