Nevin Shapiro developed a Ponzi scheme in Florida and collected more than 880 million dollars over a four year period. 89.1, WUFT-FM’s Kara Van Hoose spoke with Lori Schock, the Director of Investor Education and Advocacy at the Securities and Exchange Commission. While Ponzi schemes do actually work at first, Schock says that quality makes them more dangerous and investors should always do background checks before investing.[audio:http://www.wuft.org/media/audio/Schock.mp3]
Difficult experiences as a Florida correctional officer are driving serious problems in the state’s prisons: Florida can’t hire enough guards, can’t keep employed the guards it hires, copes with frequent cases of guards accused of abusing inmates and struggles to accommodate the emotional trauma that guards sometimes say they suffer behind bars.