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A top salesman at Stifel Financial racked up 34 complaints and millions in fraud claims—and somehow stayed in business. In this episode:
- How a single broker’s “structured notes” scam cost clients millions
- Why Wall Street firms protect rainmakers instead of investors
- The dirty truth about how big brokerages treat fraud as a “cost of doing business”
- What constant job-hopping between Lehman, Citi, Morgan Stanley, and Stifel really means
- How to actually find an advisor who puts your interests first
Wall Street keeps rewarding the crooks who bring in cash. Don’t be their next victim.