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About a year ago, Amazon founder Jeff Bezos – the richest man in the world – tweeted that he was seeking suggestions for how to use his money to make a philanthropic (and immediate) impact. Last week, he tweeted that he's "settled on two areas" and will announce what they are by the end of the summer ... Long Island FA Charged in $5 Million Fraud A financial advisor from Syosset, New York, has been arrested and charged with stealing more than $5 million from at least 14 clients, including ones who are elderly and/or deceased, Patch.com is reporting. Matthew Eckstein's victims were mostly senior citizens living across Long Island as well as Jupiter, Fla.; Redlands, Calif.; and Norwalk, Conn. ... SEC Reaffirms Stance On Cryptos In case SEC Chairman Jay Clayton wasn't clear enough, William Hinman, the head of the agency's corporate finance division, said that Ethereum and Bitcoin are not securities, reported CryptoSlate. The cryptocurrency market reacted favorably the the announcement as the decision will determine how much regulatory oversight the currencies get. ... |