Exposed: Deception in Financial Counseling

Retire In Texas

Financial crime, exemplified by Caz Craffy's deceitful actions, remains a prevalent threat within the financial counseling system, highlighting the importance of vigilance and skepticism.

In today's episode of Retire in Texas, PAX Financial Group CEO and Co-Founder, Darryl Lyons, delves into a poignant account of financial crime affecting military families. He shines a light on the story of Natasha Bovard, a widow grappling with the aftermath of her husband's tragic passing. Darryl discusses the critical support provided by the Department of Veterans Affairs to families of fallen soldiers and reveals how this system was exploited by unscrupulous individuals like Caz Craffy. Listeners will gain insights into the specific violations committed by Caz Craffy, who misrepresented his role and misled vulnerable clients, specifically Gold Star Families, for personal gain.

Today’s show highlights include:

*An introduction of Natasha Bovard, who’s the widow of a US soldier, and the challenges she faced post-military life.

*Details about the financial assistance provided to families of fallen soldiers by the Department of Veterans Affairs.

*Insights into Gold Star Families and the exploitation of financial counseling services by Caz Craffy.

*A description of Caz Craffy's fraudulent actions, setting up a separate investment firm to deceive clients into unauthorized investments..

*Lessons learned emphasizing the importance of vigilance and due diligence when engaging with financial advisors.

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