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Over the past twenty-ve years a series of actions omissions and failures by Canadas lawmakers and the purported gatekeepers of investors rights have left Canadians investments pensions and retirement savings at greater risk. Bodies such as provincial securities commissions have abandoned their obligations to safeguard investors and allowed published and audited nancial statements in Canada to become unreliable. Yet these distorted nancial statements are used by nancial analysts who present them as accurate leaving investors in the dark about serious risks and negative impacts on their savings. In Easy Prey Investors investigative forensic ac- countants Al and Mark Rosen examine the circum- stances beginning with a 1997 Supreme Court of Canada ruling on the reliability of audited state- ments that have led to the proliferation of Ponzi schemes and other nancial manipulations and a corresponding lack of accountability among audi- tors. Based on their many years of experience in major Canadian court cases involving collapsed companies the authors reveal the full stories be- hind nancial trickery and describe the disturbing consequences for investors. They show how a com- bination of inaction by lawmakers and illogical delegation of regulatory power to conicted nan- cial statement auditors has seriously harmed savers as well as how most conventional protections have been stripped away from investors. Why save in Canada when money can so easily be stolen Prying open doors too often sealed shut Easy Prey Investors illuminates the unpleas- ant details of nancial manipulation and suggests new ways to guide and protect investors and their families. Al Rosen and Mark Rosen are co-founders of Accountability Research Corporation and have written columns for Canadian Business Magazine The Financial Post and Advisors Edge Report. They both live in Toronto. B U S I N E S S 5 M Q U P F A L L 2 0 1 6 Easy Prey Investors Why Broken Safety Nets Threaten Your Wealth al rosen and mark rosen How obsolete court decisions lawmaker inaction and conicted self-regulators are facilitating the theft of wealth and retirement savings in Canada. S P E C I F I C AT I O N S February 2017 978-0-7735-4819-0 39.95T CDN 39.95T US 30.99 cloth 6 x 9 576pp Ebook available