Episode Details

Built a business, sold one, or finally have real money to invest? You just became a target. A woman claiming Harvard degrees offered to manage NFL and NBA players' money — for free. When a court asked how much of one player's money she took, the answer was all of it. Capt. Jeff Roberts of the Texas Financial Crimes Intelligence Center joins Cory Procter (former NFL offensive lineman and current owner of Pro Capital) to break down how fraud finds successful people, the red flags that show up before the money disappears, and the exact checks to run on any advisor before you hand over a dollar. Are you an entrepreneur, business owner, or high-performing family with $1M+ in investable assets looking for a long-term financial partner? Talk with an advisor at Pro Capital: https://procapitaltx.com/ Get Chapter 1 of Cory's book "Built Not Broke" FREE: https://procapitaltx.com/built-not-broke Watch on YouTube: https://www.youtube.com/@procapitaltx In this episode you'll learn: - Why business owners, athletes and new-money families are the No. 1 target for financial fraud - The "free management" hook, affinity fraud, and other scams aimed at successful people - How to vet an advisor: FINRA BrokerCheck, the SEC's adviser search and Form ADV, state regulators, court records, and social media - Red flags in how money moves: who holds custody, where statements come from, and pressure to act fast - Why victims stay quiet, and how family, community and faith help stop fraud early Free tools mentioned: - FINRA BrokerCheck: https://brokercheck.finra.org - SEC Investment Adviser Public Disclosure: https://adviserinfo.sec.gov - Texas State Securities Board: https://www.ssb.texas.gov Standing Guard. Building Legacy. Disclosure: Wisdom & Wealth is for educational purposes only and does not constitute individualized investment, financial, legal, or tax advice. Results are not guaranteed. All investing involves risk. Guest views are their own and do not necessarily reflect those of Pro Capital LLC or the Texas Financial Crimes Intelligence Center. Advisory services are offered through Pro Capital LLC, a registered investment adviser registered with the Texas State Securities Board. Registration does not imply a certain level of skill or training.