SEC Charges Equity Trust Company in Connection with a Ponzi Scheme. Find Out What is Being Done to Protect Your Investments?

    LEXINGTON, MA, June 23, 2015 /24-7PressRelease/ -- On June 16th, The SEC charged Equity Trust Company in connection with a ponzi scheme. According to the SEC, Ephran Taylor and Randy Poulson were running a ponzi scheme defrauding more than 100 investors and more than $5 million in accounts held at Equity Trust Company. The SEC claims that Equity Trust Company actively marketed these fraudulent investments and ignored red flags suggesting an ongoing fraud.

Were you affected by this alleged fraud? Are you worried about your own self-directed IRA investments? Innovative Advisory Group has an answer for you. The SEC wrote in their Investor Alert that one of the ways to avoid fraud in self-directed IRAs is to get "a second opinion from a licensed unbiased investment professional." Innovative Advisory Group is an industry leader when it comes to due diligence for alternative investments in self-directed IRAs and 401(k)s.

"Too many investors attempt to navigate the self-directed IRA waters without the aid of a licensed and unbiased financial advisor," says, Kirk Chisholm, Principal of Innovative Advisory Group. "Innovative Advisory Group is changing that by raising the bar. The company's mission is to bring visibility, transparency and legitimacy to the self-directed IRA industry."

Innovative Advisory Group has done just that by providing self-directed IRA industry resources to the investing public. Some of these resources include a complete list of self-directed IRA custodians and administrators, due diligence packages on each of these companies, free reports, and individual guidance for investors. Clients of Innovative Advisory Group also have access to an investment advisor to assist with the entire process from start to finish making sure the investment is done properly.

To learn more visit www.innovativewealth.com

Innovative Advisory Group, LLC (IAG), an independent Registered Investment Advisory firm, has brought innovation to the wealth management industry by combining both traditional and alternative investments. IAG is unique in that they have an extensive understanding of the regulatory and financial considerations involved with self directed IRAs, 401ks, and other retirement accounts.

Innovative Advisory Group advises self directed IRA investors by providing due diligence, advice, and their extensive experience to make sure the transactions are thoroughly researched and set up properly.

IAG advises clients on traditional investments, such as stocks, bonds, and mutual funds, as well as advising clients on alternative investments. IAG advises clients nationwide. For more information contact Innovative Advisory Group at [email protected] or visit Innovative Advisory Group online at www.innovativewealth.com.

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