Monthly Archives: May 2014

Can You Name Some of the Most Popular Non-Traded REITS?

“Can you provide the names of some of the more common nontraded or illiquid REITs” is a question we frequently hear. Investors are beginning to heed the warnings of regulators and be suspicious of these investments. Many folks now steering clear of these products. Before we name names, some explanation is necessary. REITs – short […]

Broker’s License Suspended for Fraudulent REIT Investments

businessman in jail

Michael Hainsworth of Fort Myers, Florida, will not be trading or selling securities for at least 30 days because of securities fraud and misrepresentations he made to investors.   Hainsworth pleaded no contest to several allegations during a Financial Industry Regulatory Authority (“FINRA”) investigation.  While working for Ameriprise Financial Services Inc., Hainsworth sent numerous emails to […]