I have heard about this from several friends.. some on here and thought a warning was needed
so before you fall for "Porter Stansberry's “End of America” and invest, consider his past investment advice. fraud charges.
not saying we are not in for tough times but, I would not invest with him..
http://briandeer.com/vaxgen/stansberry-fraud.htmU. S. JUDGE FINES AGORA SUBSIDIARY AND EDITOR $1.5 M FOR SECURITIES FRAUD
An investment newsletter’s publisher and its editor have been hit with $1.5 million in financial penalties after a U. S. federal judge determined they defrauded their own subscribers in a securities scam.
Judgment in favor of the Securities Exchange Commission and against Maryland-based Pirate Investor LLC, now called Stansberry & Associates Investment Research, LLC, and Frank Porter Stansberry was issued at the U. S. District Court for the District of Maryland on August 1, 2007 – 28 months after the completion of a bench trial.
The SEC had accused the defendants of fraud concerning a “Special Report” authored by Stansberry, using the pseudonym ‘Jay McDaniel’,
For that nugget of information, investors were told that they would have to pay $1,000. Stansberry signed the e-mail under the pseudonym “Jay McDaniel.”
so before you fall for "Porter Stansberry's “End of America” and invest, consider his past investment advice. fraud charges.
not saying we are not in for tough times but, I would not invest with him..