Self-Directed IRAs are ideal fraud targets

Most Americans are familiar with the various retirement plans available to them for their long-term futures. Perhaps you're one of the fortunate few who still have a pension with your employer that will pay benefits to you based on a specific formula determined by that benefit plan. Or maybe your company offers a contribution plan such as a 401(k) and may even offer an employer match. Still others may utilize Individual Retirement Accounts (IRA) such as the traditional version or Roth. However, I've left one out one lesser-known retirement vehicle: the Self-Directed IRA (SDIRA), which poses potential major fraud risks. 

Self-directed IRA players