Highly educated SMSF investors prime fraud targetsBY MELANIE TIMBRELL | TUESDAY, 10 JUL 2012 11:50AMAustralian men aged over 50, highly educated, financially literate and managing their own super are the most likely victims of organised investment fraud, according to a new report from the ACC. |
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Most people in the industry have been fooled once at some stage, however it's only the very stupid that have stuck all their client's money into those investments.
Can't we get the public servants to pay attention to the industry and suss out the bad guys instead of producing reports that state the blindingly obvious.