Tag Archives: investment

An Atlanta-based woman known as Yvonne recently fell victim to a financial scam, losing over $120,000 to a fraudulent agent feigning affiliation with a top-tier finance firm. Far from a slapdash ruse, the scam involved an intricate web of forged documents, convincing impersonations, and an exploitation of trust that saw Yvonne hand her life savings over to a stranger.

Yvonne’s tale began on YouTube, where she found a broker who appeared to be registered with the Financial Industry Regulatory Authority (FINRA) and an advisor with Fidelity. After seeing returns from an initial investment, she decided to go all in, investing a more significant sum in the broker’s promise of profits.

Despite conducting her research, Yvonne succumbed to the scam when convinced she needed to pay…

Artisan Partners, an investment management company, released its “Artisan Mid Cap Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. In the first quarter, the fund’s Investor Class fund ARTMX returned 10.41%, Advisor Class fund APDMX posted a return of 10.40%, and Institutional Class fund APHMX returned 10.44%, compared to a 9.50% return for the Russell Midcap Growth Index. Balanced security selection across health care, industrials, consumer staples, consumer discretionary, and communication services led the portfolio to outperform the index in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2024.

Artisan Mid Cap Fund featured stocks like GoDaddy Inc. (NYSE:GDDY) in the first quarter 2024 investor…

Hundreds of business representatives will gather in Cape Town from 10 to 12 April for the Tourism Investment Forum Africa (Tifa). This is reported by
Pretoria News, a partner of TV BRICS.

The aim of the event is stated to be the development of business linkages between stakeholders and decision makers in the trade and investment aspects of the tourism ecosystem.

Forum organiser Miller Matola said that attracting funds to the tourism industry is bound to create jobs.

“By bringing investment you are facilitating the creation of employment but you are also ensuring inclusive economic growth,” he said.

Miller Matola explained that it is mainly small and medium-sized companies that operate in this sector, so the development of the tourism industry…

Leading perpetrator of online investment scams, which cost Australians and New Zealanders billions of dollars, unmasked in new report.

Infoblox has released a report unmasking Savvy Seahorse as a leading perpetrator of online cybercriminal investment scam websites.

The threat actor has operated in the shadows since at least 2021 and its target victims include people in Australia and New Zealand (A/NZ).

Savvy Seahorse uses Facebook ads to lure in victims and convince them to open accounts, make deposits and invest in companies including Tesla and Meta.

Once deposited, the cybercriminal gang then transfers the funds to a bank in Russia.

Its tactics, techniques, and procedures (TTPs) also include ChatGPT and WhatsApp bots imitating online webchats to encourage victims…

Cloud hosting firm Atlantic.Net, known for working with companies such as Lenovo, NASA, and Hilton, has announced its expansion to new horizons with the inauguration of a new data centre in Singapore. This move comes in alliance with the Singapore government’s increasing investment in cloud computing, a development poised to stimulate a new phase of cloud revolution in the region.

Atlantic.Net, an eminent provider of cloud hosting solutions, broke the news about its cloud region launch in Singapore, the fastest flourishing Asian market today. This region’s exposure is greatly significant considering the Singaporean government’s escalation of investments in cloud computing.

This includes significant strides in their Government Commercial Cloud (GCC) service, which enhances the…