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SEC Says Radio's Ray Lucia Spread Misleading Information
My mother has been a client, for many years, of the firm that Mr. Lucia refers people to. He does not have clients himself, since that would be conflict of interest. She has done just fine with her portfolio and the system works for her. Sad that people take an inflammatory headline and assume someone is guilty before even investigating what is being said. The fact is, if anyone accusing him cares about the facts, that what the SEC is claiming is a well-accepted assumption rate. Look it up and read the actual data before blatantly assuming someone is a "fraud" !!!— September 7, 2012 7:37 a.m.