ProfNet Experts Available on Global Industry Classification Standard, Ponzi Schemes

NEW YORK, Aug. 29, 2016 /PRNewswire/ -- Below are experts from the ProfNet network who are available to discuss timely issues in your coverage area.

You can also submit a query to the hundreds of thousands of experts in our network – it's easy and free! Just fill out the query form to get started: http://prn.to/queryform.

EXPERT ALERTS

• MSCI's Global Industry Classification Standard
• Five Signs You Might Be a Victim of a Ponzi Scheme

MEDIA JOBS

• Associate Producer – Fox News Channel (NY)
• Senior Editor – U.S. News & World Report (DC)
• Morning News Anchor – WSYX-TV/WTTE-TV (OH)

OTHER NEWS & RESOURCES

• Blog Profiles: Higher Education Blogs
• Media Insider: Instagram Most Engaging, BuzzFeed Multiplies
• The Five Types of Journalists Using Social Media

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EXPERT ALERTS:

MSCI's Global Industry Classification Standard
Stuart Eisenberg
Partner and National Real Estate & Construction Practice Leader
BDO
Eisenberg is available to discuss the long-anticipation splitting off of real estate as a separate category within MSCI's Global Industry Classification Standard (GICS), which is quickly approaching on Sept. 1: "This reclassification will increase visibility to investors, and while that's generally a positive for the sector, there may be greater attention from activist investors, which have targeted REITs significantly in the past year. The new sector could fuel this fire, as added visibility will enable them to scrutinize the laggards in the sector, whereas they might not have examined them when they were part of the financial sector."
Website: www.bdo.com
Contact: Kathryne Hunter, [email protected]

Five Signs You Might Be a Victim of a Ponzi Scheme
Walid J. Tamari
Founder
Tamari Law Group LLC
Tamari is available to discuss signs you might be a victim of a Ponzi scheme: "1) The return is too high. One-year FDIC-insured CDs now pay at most 1.5%. Any investment touting a return a lot higher than that warrants close scrutiny. If it's such a good deal, why aren't the promoters keeping it for themselves? 2) Stated returns are too steady. Stock markets and interest rates often vary widely from year to year. So an above-average return that doesn't budge in response to changing economic conditions is inherently suspect. 3) There's little documentation. Inadequate paperwork can be a tipoff. This includes initial disclosures as well as financial statements that only arrive sporadically. 4) Investment methodology makes no sense. Ponzi himself touted to suckers an international arbitrage involving buying and selling coupons redeemable for postage stamps. Besides its complexity, there weren't enough coupons in existence to use. Beware investments you can't understand. 5) There's no independent asset custodian. The lack of an arms-length third party to hold invested assets makes it a lot easier for chicanery to occur. This is especially true in Ponzis, where the scam is the undetected use of fresh money to pay off existing investors. New York celebrity advisor Kenneth I. Starr, accused in May of running a $30 million Ponzi, allegedly held some client assets in an office safe."
Based in Chicago, Tamari is founder of Tamari Law Group LLC and an established business and civil litigation attorney. He represents businesses, business owners, and individuals in business and civil litigation matters. His broad experience includes representing clients in commercial breach of contract, trade secret misappropriation and business tort litigation. For several years, Thomson Reuters' Super Lawyers magazine named Tamari as one of the top young lawyers in Illinois, a recognition given to only 2.5% of Illinois attorneys. He has been featured in various media outlets.
Website: www.tamarilaw.com
Contact: Mark Goldman, [email protected]

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MEDIA JOBS:

Following are links to job listings for staff and freelance writers, editors and producers. You can view these and more job listings on our Job Board: https://prnmedia.prnewswire.com/community/jobs/

• Associate Producer – Fox News Channel (NY)
• Senior Editor – U.S. News & World Report (DC)
• Morning News Anchor – WSYX-TV/WTTE-TV (OH)

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OTHER NEWS & RESOURCES:

Following are links to other news and resources we think you might find useful. If you have an item you think other reporters would be interested in and would like us to include in a future alert, please drop us a line.

• BLOG PROFILES: HIGHER EDUCATION BLOGS. Each week, PR Newswire's Audience Relations group selects an industry or subject and a handful of blogs that do a good job with promoting and contributing to the conversation. This week, we look at blogs covering higher education: http://bit.ly/2bv0Swk
• MEDIA INSIDER: INSTAGRAM MOST ENGAGING, BUZZFEED MULTIPLIES. In Media Insider, we look at the journalism, blogging and freelancing stories from the previous week we think you should know about: http://bit.ly/2c9tSsn
• THE FIVE TYPES OF JOURNALISTS USING SOCIAL MEDIA. While social media may have once been viewed by news media as another way to drive clicks to articles, Cision's latest Global Social Journalism Study reveals that social media use by journalists goes far beyond publishing and promoting content. In fact, more than 58 percent of the journalists surveyed rate social media as very important for interacting with their audience. Read more: http://prn.to/2c0lhWK

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