“If I just walked away from them (fraud victims), what message would I be sending?”
— Richard Sabo
“It’s a broken system. I’ve never found a state insurance department with teeth. It’s frustrating to me as a person who investigates fraud.”
— Richard Sabo
Woman’s woes raise questions about insurance regulators, Pittsburgh Post Gazette
“A good starting place for anyone is the Financial Industry Regulatory Authority (FINRA) website… but if they’re not in that system, they only have a license to sell life insurance and annuity contracts… (do you want to do business with someone who can’t handle his own finances?)…”
— Richard Sabo
“They (brokerages) can be held liable for a rep’s actions if it spills onto them, for not doing their job.”
— Richard Sabo
Victim: Stockbroker accused of fraud stole more than $100,000, WTAE
Article List
Richard P. Sabo has been quoted or featured in the following articles or TV news segments:
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PUBLICATIONS
investopedia.com |
September 14, 2022 |
investopedia.com |
August 20, 2022 |
fox 34“How to power through to Success” |
September 24, 2020 |
the chicago weekly news“How to power through to Success” |
September 24, 2020 |
Up Journey“What is Financial Literacy and Why Is It Important?” |
November 8, 2019 |
Channel 4 News (wtae.com)“Investigation finds many seniors overpaying for life insurance” |
July 18, 2019 |
The Simple Dollar“Five Alternatives to Savings Accounts” |
March 1, 2019 |
U.S. News & World Report“Where to Find Unclaimed Money” |
February 1, 2019 |
The Simple Dollar“Best Whole Life Insurance for 2019” |
January 21, 2019 |
Investopedia.com“Why You Should Have an Emergency Fund” |
November 28, 2018 |
Investopedia.com“Paying for Long-Term Care: How it’s Changing” |
November 21, 2018 |
U.S. News & World Report“Becoming an Executor of an Estate: What You’re In For” |
November 16, 2018 |
Investopedia.com“What is a 702(j) Retirement Plan?” |
November 9, 2018 |
nmChannel 4 News (wtae.com)“Pittsburgh Loan Company Investigation” |
May 3, 2018 |
Discover.com“Parents, Here’s How to Help Your child Pay Their Student Loans” |
April 26, 2018 |
Mass Mutual“Term vs. perm life insurance: 3 considerations” |
February 22, 2018 |
U.S. News &World Report“The All-Inclusive Guide to Modified Endowment Contracts” |
January 11, 2018 |
Investopeida.com“How to Factor Family Into Your Retirement Plan” |
October 24,2016 |
Pittsburgh Post-Gazette“Heard Off The Street: PPG passing on pensions” |
July 3, 2016 |
Pittsburgh Post-Gazette“Woman’s woes raise questions about insurance regulators” |
March 14, 2016 |
Pittsburgh Post-Gazette“Len Boselovic’s Heard Off the street: Fed-driven low interest rates pushed crowds of seniors to risky alternatives” |
October 4, 2015 |
Channel 4 News (wtae.com)“Investigation finds costs soaring for long-term care insurance” |
July 9, 2015 |
Channel 4 News (wtae.com)”Victim: Stock Broker accused of fraud stole more than $100,000” |
June 10, 2014 |
Channel 4 News (wtae.com)“Cecil Township woman’s life savings disappears” |
June 9, 2014 |
Pittsburgh Post-Gazette“Demystifying Demutualizing: Prudential prepare process that would change the nature of its ownership and give a payout to policy holders” |
January 14, 2014 |
Nerd Wallet“Planning for Income in Retirement” |
January 31, 2013 |
Nerd Wallet“Picking a Financial Advisor Later in Life” |
January 25, 2013 |
Pittsburgh Post-Gazette“PBGC holding $300 million unclaimed pension benefits” |
December 30, 2012 |
Pittsburgh Post-Gazette“Changes in store for long-term care insurance” |
December 2, 2012 |
Channel 4 News (wtae.com)“Woman, 74, Finds Herself Entangled in Life Insurance Nightmare” |
April 25, 2012 |
Channel 4 News (wtae.com)“Adam Riberich Discovers $3,000 Missing From Emerald Card” |
February 3, 2012 |
Channel 4 News (wtae.com)“Customer Charges Are Big Money-Makers” |
July 9, 2009 |
Channel 4 News (wtae.com)“Call 4 Action: Lay off ‘Insurance’ Can Be a Gamble” |
March 6, 2009 |
Channel 4 News (wtae.com)“Call 4 Action: Experian No Longer sharing Credit Scores with Consumers” |
February 16, 2009 |
Channel 4 News (wtae.com)“Life Insurance Investors Bet On Your Death” |
November 5, 2008 |
Channel 4 News (wtae.com)“State Treasury Web Site Lists Bank Accounts, Stocks” |
September 2, 2008 |
Channel 4 News (wtae.com)“Debit Card Withdraws from 401(k) Or Retirement” |
August 1, 2008 |
Newsweek“How To Pay For Old-Age Care” |
March 26, 2007 |
Newsweek“Ad Kids Grow, So Do Risks” |
November 6, 2006 |
Channel 4 News (wtae.com)“Brothers Charged With Fraud, Money Laundering, Conspiracy” |
March 27, 2006 |
Newsweek“Fighting the fund cheats” |
December 8, 2003 |
Channel 4 News (wtae.com)“Team 4 Investigates Insurance Salesman” |
August 19, 2003 |
Insure.com“The effects of lapsing your life insurance policy” |
May 18, 2000 |
Kiplinger’s Personal Finance Magazine“Nightmare” |
May, 2000 |
Insure.com“Hidden rivers of incentive: How agent commissions affect your insurance shopping” |
April 27, 2000 |
Insure.com“Justice seekers or turncoats? How former agent play a hidden role in life insurance lawsuits” |
February 14, 2000 |
Newsweek“Blowing The Whistle At PRU” |
December 6, 1999 |
Kiplinger’s Personal Finance Magazine“Congratulations! You May Be a Winner – MetLife has agreed to pay $1.7 billion to settle a lawsuit” |
November, 1999 |
Pittsburgh Post-Gazette“More Met” |
October 17, 1999 |
Contra Costa Times“Lawyers only winners in MetLife suit” |
October 10, 1999 |
North Hills Magazine“The Secrets To Family Budgeting” |
April 1999 |
National Underwriter“High Cor Allows RICO Case Against Met Life to Advance” |
February 1, 1999 |
Washington post Writers Group“Staying Ahead Column” |
December 8, 1998 |
Pittsburgh Post-Gazette“Customers still have problems with Prudential” |
September 28, 1998 |
National Underwriter“Met Asks High Court To Dismiss RICO Case” |
July 13, 1998 |
Pittsburgh Business Times“Pyramid’s end leaves providers owing money” |
July 10-16, 1998 |
Contra Costa newspaper (The Sunday Times)“Dirge for a Whistle-Blower” |
June 14, 1998 |
Washington Post Syndicated Pittsburgh Post-Gazette“When Whistle-Blowing Backfires” |
May 23, 1998 |
Pittsburgh Business Times“Get Met?” |
April 10, 1998 |
Pittsburgh Post-Gazette”Suit against MetLife reinstated” |
March 4, 1998 |
Wall Street Journal“Despite Strides Made Against Churning, Caution is Key in Purchasing Insurance” |
January 21, 1998 |
Hampton Magazine“Strategies for Financing College” |
November 1997 |
Washington Post Writers Group“Staying Ahead Column” |
November 19, 1996 |
Washington Pot Syndicated Pittsburgh Post-Gazette“How to determine if you were victim of insurance fraud” |
October 7, 1996 |
National Underwriter“Cal. Dept. Investigative Unit Cuts Seen” |
July 1, 1996 |
Business times“MetLife to settle class-action; lawyers big winners” |
May 17, 1996 |
Kiplinger’s Personal Finance Magazine“This Is No Free Insurance” |
October 1995 |
Hampton Magazine“Whistleblower With a Difference” |
March 1995 |
Money Magazine“Don’t Be Suckered Into The Life Insurance Mess” |
January 1995 |
National Underwriter“Palmieri Details Confed Rehab Options” |
September 19, 1994 |
Life Insurance International“Ex-MetLife agent files racketeering suit” |
Aug./September 1994 |
Newsweek“A Policy for college? Life insurance makes a slow savings plan” |
July 25, 1994 |
National Underwriter“Fed Probe Of Met Seen; Pa. Det. Acts on Agents” |
July 4, 1994 |
New York Times“Rebuke and Revenge at Met Life” |
June 22, 1994 |
Peter Jennings ABC World News |
April 1994 |