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.\xa0Also, when is a bank not a bank?\xa0Hundreds 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\u2019s found out.\xa0\n\nBeware Of Private Placements: Segment 1\n\nAsk Clark: Segment 2\n\nFintech Missing Money: Segment 3\n\nAsk Clark: Segment 4\n\n\nMentioned on the show:\n\nA Real-Estate Fund Industry Is Bleeding Billions After Starwood Capped Withdrawals - The WSJ\n\nCan a Patient Advocate Help With Your Medical Bills?\n\nHow Should I Donate a Non-Working Vehicle?\n\n6 things you need to know before donating your used vehicle\n\nNYTimes: What Happens When Your Bank Isn\u2019t Really a Bank and Your Money Disappears?\n\nHow thousands of Americans got caught in fintech\u2019s false promise and lost access to bank accounts\n\nChase\u2019s plan to charge for checking accounts\u2014and how consumers might respond\n\nReport: The #1 Internet Provider in America\n\nFixed Wireless Internet: Using Your Cellular Service Provider for Home Internet\n\nWhat Is Umbrella Insurance and Do You Need It?\n\n\nClark.com resources\n\nEpisode transcripts\n\nCommunity.Clark.com\n\nClark.com daily money newsletter\n\n\nConsumer Action Center Free Helpline: 636-492-5275\n\n\nLearn more about your ad choices: megaphone.fm/adchoices\nLearn more about your ad choices. Visit megaphone.fm/adchoices