The prevalence of scams and fraud has seemingly increased, and the caution consumers and businesses alike must take is exemplified by cases like Pennsylvania resident, Joseph LaForte, who was recently sentenced to 186 months in prison for operating a fraudulent investment vehicle called Par Funding, which resulted in $404,000,000 in losses from its customers.
When seeking an investment vehicle, be aware that scammers might be out there and take caution when choosing who to go into business with.
To read more about Joseph LaForte’s case, click here.
