February 5, 2009. By Heidi Turner.
New York, NY It is one thing to suffer mutual fund losses when the economy has taken a downturn and everyone is in the same boat. However, it is another situation entirely when your mutual fund loses money because it was invested in companies that were involved in illegal activity. Unfortunately, this sort of thing happens—some mutual funds invested in shady companies, and when regulators shut the operations down, the mutual fund investors lose big time.
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Mutual Funds Losses Linked to Internet Gambling ]
