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1/6/2013 – Madoff Aside, Financial Fraud Defies Policing (New York Times)
To Philip Horn, the Braemar Country Club was not just a golf course, it was an extension of his office. Most weeks, Mr. Horn, a financial adviser at Wells Fargo, chatted up potential clients between holes at the upscale club set against the backdrop of the Santa Monica Mountains.
“I always thought, ‘This is a great guy and a straight shooter,’ ” said Barry Zelner, one of several country club members who invested with Mr. Horn.
Now, those same clients are wondering what went wrong.
Read the full article at the New York Times.