Daily Wealth Letter from The Wealth Forums 02 Aug 2016

Reports — By on August 2, 2016 at 12:16 PM
Richard Moir, The Wealth Forums CEO

Richard Moir, The Wealth Forums CEO

Daily Wealth letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)


New art scandal hits New York

A New York art consultant, Ms. Lacy Doyle, 59, has been indicted for obstructing the administration of the internal revenue laws and subscribing to a false tax return. Ms. Doyle was arrested and appeared before U.S. Magistrate Judge Ronald L. Ellis.   READ MORE: http://thewealthforums.com/2016/08/02/new-art-scandal-hits-new-york/

China shuts 10,000 wealth managers

About 10,000 private wealth management firms have been shut down in China since early February, after it tightened entry norms for firms in a bid to check the rising defaults and fraud in the insufficiently regulated sector.   READ MORE: http://thewealthforums.com/2016/08/02/china-shuts-10000-wealth-managers/

Surge in big-spend holidays

Not only are the Irish going on more foreign holidays this year, but they are also spending far more on their vacation, latest figures show.  READ MORE: http://thewealthforums.com/2016/08/02/surge-big-spend-holidays/

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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