She's a school teacher and didn't learn the most basic principle of finance? Then she compounded her error by tossing money into a "non-bank" internet startup? That's strike two for her. And now her money is gone....Strike three. She will be starting over at a decent age, but she will not learn from her three mistakes. On the bright side if she can get her kids a gig at a lemonade stand she might make a few buck for this month's coming rent. No pity from me, sorry. Sometimes it takes a big financial hit to smack someone in the face to pull them back to reality. Oh, she ought to pull up the financial records of the "non-bank" and see which of the officers are still with the company and when did they begin leaving. My guess is one of the first people to leave the company was the one who took all the money with him.
She's a school teacher and didn't learn the most basic principle of finance? Then she compounded her error by tossing money into a "non-bank" internet startup? That's strike two for her. And now her money is gone....Strike three. She will be starting over at a decent age, but she will not learn from her three mistakes. On the bright side if she can get her kids a gig at a lemonade stand she might make a few buck for this month's coming rent. No pity from me, sorry. Sometimes it takes a big financial hit to smack someone in the face to pull them back to reality. Oh, she ought to pull up the financial records of the "non-bank" and see which of the officers are still with the company and when did they begin leaving. My guess is one of the first people to leave the company was the one who took all the money with him.