Is Crash Proof Retirement legit?
Sadly, in our opinion, “crash proof” doesn’t translate into a successful retirement plan, or even a particularly good one. Too often, “crash proof” has been a disaster, but there is hope. As it’s usually being hyped today, the “crash proof” retirement program is an elaborate sales pitch to sell you an annuity.
Who is Dean Vagnozzi?
In happier times, Vagnozzi, a King of Prussia financial salesman well-known through his once-ubiquitous radio ads, raised more than $200 million from investors seeking alternatives to the stock market. Vagnozzi says he paid Pauciulo more than $1 million in fees.
Is Dean Vagnozzi still in business?
But he is not unschooled in business. An accounting major in college, he went on for a time to become a licensed securities broker. Since 2019, Vagnozzi agreed to pay more than $1 million to settle civil actions brought by securities regulators over three separate investments Vagnozzi said Pauciulo had advised him on.
Who owns par funding?
Oct. 8–Even for a hardworking nail salon operator, Lisa McElhone is doing well. At least on paper.
Is there such thing as a crash proof retirement?
Crash Proof Retirement. The Crash Proof Retirement System is marketed to retirees and soon-to-be retirees as a slam-dunk investment strategy that is immune to market losses.
Who is the guy in the crash proof retirement commercial?
The Crash Proof Retirement System is marketed to retirees and soon-to-be retirees as a slam-dunk investment strategy that is immune to market losses. “The market goes up, you go up; the market goes down, you stay even,” says perpetual prognosticator and former Fox News pundit Dick Morris in a recent TV commercial in which he endorses the system.
What is Phil Cannella’s crash proof retirement strategy?
The Crash Proof Retirement strategy is marketed by Phil Cannella as a custom solution to retirement financial security as developed by his First Senior Financial Group. This review looks into the authenticity of the offering and it’s close if not coincidental similarity to Fixed Index Annuities.
Who is the SEC Inspector General for Crash Proof retirement?
SEC official scrutinized for interview A video on the Crash Proof Retirement website shows seminar attendees watching an excerpt from a 75-minute interview SEC Inspector General H. David Kotz gave Crash Proof Retirement Founder and CEO Phillip Cannella in July 2011.