In a Physicians Practice article, Brian Luster and Steven Abernathy discuss ways in which physicians can avoid becoming victims of investment fraud.
Here are five ways to avoid investment fraud:
1. Be vigilant — know who is opening the mail, paying the bills and who has daily access to both personal and professional financial information.
2. Hire a financial "bodyguard."
3. Delegate tasks to reduce risk of theft and bolster security.
4. Asset protection.
5. Have an estate plan.
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