Suze Orman sued over alleged LTC insurance fraud
May 19, 2009 :: Posted by Tony Ondrusek, Publisher
Filed under: Tools of the Trade.
Suze Orman – the highly touted TV financial advice personality and author who is vilified by many professional financial advisors — is being sued for fraud.
According to a juicy Forbes article, the firm bearing Orman’s name is facing a suit involving a long-term care insurance policy. The article goes into some other areas, including claims that Orman has not actively practiced financial planning for years. Interestingly, a recent New York Times Magazine article featuring the media’s financial darling did not mention the pending litigation.
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