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Last Thursday, three former Credit Suisse bankers were arrested in London in connection with a fishing fraud aided and abetted by Mozambique government officials and other characters.

Indictments handed down by the United States District Court for the Eastern District of New York charged the bankers and their accomplices with bribery, money laundering, and securities fraud in connection with raising more than $2 billion for three suspect companies, including a tuna fishing business marketed as guaranteed by the government of Mozambique.

The companies, with proceeds from bond sales, allegedly generated cash to pay bribes and kickbacks by overpaying $713 million for equipment they bought from an accomplice.

Corporate investigations and risk consulting firm Kroll says $500 million of the money raised is missing.

More than $50 million was paid to the bankers and their cohorts in the form of kickbacks.

That doesn’t include $200 million in bank fees the conspiring borrowers paid their bank cronies.

It’s another story of greedy, loan-pushing bankers, paying bribes, getting kickbacks, canoodling with corrupt foreign heads of state and government officials, and bank compliance departments being circumvented like subway thugs jumping over turnstiles.

Here’s what happened behind the scenes…

Back in October, JPMorgan Chase & Co. (NYSE:JPM) analysts Eduardo Lecubarri and Nishchay Dayal warned that $7.4 trillion of global assets managed in passive funds could exacerbate a rout the next recession.

They were wrong, but at the same time, they were right.

We’re not in a recession.

But, the escalating selloff is weighing heavily on passive investors, especially in the highflying big-cap stocks that led indexes and index funds higher for ten years.

That means passive investors are losing money and could turn seriously active any day now.

If that happens, a crash may not be far behind – and we’re getting close to market levels that could trigger active selling by passive investors.

So, listen up: Here are the numbers that matter, what they’re telling us, and what you can do to protect yourself…

The feds might be coming after the robots – finally.

Even here, as we start the New Year, I don’t have my hopes up. But I’ll take this good news.

On December 21, the SEC charged the country’s second-biggest robo-advisor, Wealthfront Advisers LLC, and a small defunct robo-adviser, Hedgable Inc., with misleading clients.

According to The Wall Street Journal, the two robo-advisors used “automated tools to create portfolios for clients, rather than relying on people to pick investments and councel customers through decisions,” misled clients by not monitoring accounts to prevent trades that created adverse tax consequences, illegally paid bloggers whose endorsements resulted in account openings, and, in the case of Hedgeable, used only 4% of client accounts to calculate company returns.

Here’s the $200 billion question (researchers at Backend Benchmarking say robo-advising makes up $200 billion of the investment and trading universe): Are do-it-yourself investors who rely on robo-advisors being shortchanged?

Today I’ll give you my answer

Plus, I’ll show you how to protect yourself.

And reveal how to profit as you do so…

  How to Acquire and Store Your Physical Money of the Future   By Andy Snyder, Founder, Manward Press Physical money has been with us for thousands of years. But in our most recent history, cash has become the undisputed king. The reason? It’s incredibly convenient in market transactions. Think about it. Cash is essentially […]

By Andy Snyder, Founder, Manward PressThree-dimensional printing is changing the world. It’s the beginning of a new industrial revolution. Just as the assembly line ushered in the era of mass production, 3-D printing is the next big step for the future of manufacturing. It will turn the industrial world as we know it upside down. […]

THE ONE THING YOU MUST DO NOW TO REDUCE YOUR DAILY RADIATION EXPOSURE The world just “celebrated” the 10-year anniversary of the iPhone. It’s like celebrating the birth of anthrax. The bitter poison so many of us stick in our pockets and against our heads is doing more harm than good. Throughout the world, smart […]

Italian Court Rules: Cell Phones Cause Tumors Thousands of studies have suggested that cell phones cause tumors (and possibly even cancer). Now an Italian court ruling is helping spread the unsettling truth… By: Andy Snyder, Founder Most folks missed it. But we recently got word of a major breakthrough in the court system. Cell phones […]

By Andy Snyder, Founder, Manward PressThere’s a cold breeze sweeping the planet… From Russia’s meddling in the U.S. presidential election… to North Korea’s weekly threats against our homeland and allies… to the nonstop terror attacks in Europe… the world is teetering on the brink of chaos. And with so many rogue nations and radical crazies, […]

URGENT: Five Things You Must Know to Score Huge Profits From Bitcoin Ah, the “almighty” bitcoin. The controversial cryptocurrency has been in the news a lot lately… especially since it’s once again making investors a lot of money. Joseph Stiglitz, the Nobel laureate and outspoken Columbia University professor, says cryptos “ought to be outlawed.” Meanwhile, […]

There’s a war going on. It’s being waged on American soil, And no, it doesn’t involve tanks, WMDs or F-16s. Nothing like that. The warring factions are not countries. They’re cellphone companies. And AT&T, T-Mobile, Verizon and Sprint are prepared to fight until the last carrier is standing. Of the four contenders, T-Mobile is easily […]