Indiana Securities Law Firm Investigating Fraud Stemming From Self-Directed IRA Schemes

$94 billion of IRA retirement funds are held in self-directed IRAs making them a favorable scam for fraud promoters. Logansport, IN (PRWEB) December 30, 2011 Scott Starr of the Indiana securities law firm of Starr, Austen & Miller, LLP, announces an investigation into securities fraud scams involving self-directed IRAs. A self-directed IRA is an IRA held by a trustee or custodian that permits an investment in a broader set of assets than is permitted by most IRA custodians. Most IRA custodians are banks and broker-dealers that limit the holdings in IRA accounts to firm-approved stock
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