Visiting assets turns up many obvious frauds as with Madoff's two-person auditor in a strip mall next to a day care center. Thanks Sam. I'm looking at some REITs now. The REIT sector is terribly beaten down.
"Perigrove’s website claims it operates out of a prestigious office building in Manhattan. We visited and found the company has no presence at its claimed address. Instead, we found Perigrove’s office on the outskirts of New York City, in a strip mall sharing an address with an auto parts store. On the front door of the building, Perigrove’s name was spelled wrong, as “Perigove”, with stickers."
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Because the Good Life is Just a Pump or Two Away
