Claudia Buck

March 30, 2014

Personal Finance: How to ensure broker’s honest

When New York financier Bernard Madoff was sentenced to life in prison for masterminding one of the biggest investor Ponzi schemes in U.S. history, it was an unnerving reminder that entrusting your money to a professional can be risky. Last week, five former employees of Madoff’s investing firm were found guilty of helping him execute fake trades and phony documents, which contributed to the estimated $18 billion fraud.

Claudia Buck

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About This Blog

Claudia Buck is the Personal Finance columnist and business editor at The Sacramento Bee. She's worked at The Bee since 2005. Amid the financial turmoil of the recent recession, she became the personal finance writer, helping readers cope with some of the confusing, daunting and perplexing aspects of managing our financial lives. She serves on the journalism advisory board of her alma mater, Cal Poly State University, San Luis Obispo. Reach her at or 916-321-1968. Twitter: @Claudia_Buck.

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