California Advisor Gets 9 Years for $9.5M Fraud

Published on September 21, 2026

Edwin Lickiss Jr. ran a Ponzi scheme from 1998 to 2024, promising clients exclusive tax-free bonds with returns up to 30% while using their funds for personal expenses.

Continue reading on website
Other news

K-Shaped Economy: Reality or Media-Driven Perception

September 21, 2026
The K-shaped economy is real, and it is old. What changed isn’t the shape of the economy; it’s just that the media found a narrative that gets lots of clicks and views, and we let headlines do our thinking for us.

How Rising Rates Impact Your Annuities Portfolio

September 21, 2026
The Federal Reserve increased rates by 25 basis points this week, a remarkable turnaround with major implications for portfolios of all kinds; one underexamined impacted area may be annuities.