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)

NUMBER 266  TUESDAY,  AUGUST 2, 2016

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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