20 - Onboarding Pt2 - The CRUCIAL First Planning Meeting
TRAP: The Real Adviser Podcast
00:00
The Importance of Penalties for Fraud
Four directors of CHC, so Custom House Capital who were kind of geared, a geared property company back in the, in the mid-2000s, were jailed for fraud. So it was very interesting to see it's the first time as far as I'm aware of white-collar crime guys being caught and jailed actually. The head guy was jailed for almost seven years. Hopefully it'll be a deterrent for people doing bad things with investors' money going forward. It is reassuring finally for people who do serious fraud to get the punishment that they deserve.
Transcript
Play full episode
