September 30, 2020 Financial Planning

Diary of a Free Lunch Monitor

There's no such thing as a free lunch.

By Otto Stockmeyer

This article is a reprint from May 2020 Ingham County Bar Association Briefs magazine.

According to the American Association of Retired Persons, so-called  “free lunch” seminars are often used to lure people into investing in unsuitable or even fraudulent products. To help older Americans avoid being scammed out of their investments, AARP and the North American Securities Administrators Association developed the Free Lunch Monitor Program.

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