In 2011, federal and state securities regulators warned investors of the potential risks associated with self - directed IRAs, saying they had noted an increase in complaints
about fraudulent investment schemes that used these types of IRAs as a «key feature.»
Robert De Niro plays Bernie Madoff in The Wizard of Lies, an HBO original feature
about the superstar financier whose famed
investment fund was a
fraudulent Ponzi
scheme, with Michelle Pfeiffer and Hank Azaria (not rated).