Reply To: Lansbanski victims on CDS


Society should protect the old and vulnerable otherwise life will become more of a jungle than it is now. Unfortunately the vulnerable are more often old and retired and have accumulated a nest egg after a lifetime of hard work. Once their capital has been plundered by some low life masquerading as a financial adviser it is too late the money has gone and there will be no way of building any wealth if their only income is a state pension.
Spain does require all financial advisers to be registered but like all laws in Spain these are not enforced allowing any fly-by-night to set up an office and relieve you of your hard earned.