
3/30/23: How the SEC Set the Stage for this Advisor's Scam
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
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Introduction
Jeffrey Cutter is a financial advisor in Massachusetts. He manages about $134 million for about 400 clients. Since 2014, he has been selling annuities to his clients and never told them that he's been collecting commissions of 7% to 8%. The SEC says Cutter has earned more than $9.3 million from these annuity commissions.
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