A PICTURE OF SUCCESS – A FAILURE OF TRUST
Keywords:
SECRJ, Southeast Case research Association, Dominion Investment Group, investment, inheritance, entrustedAbstract
Dominion Investment Group of Virginia Beach, Virginia provided a full range of financial services with a network of more than 200 independent consultants and ten offices in seven different states. Several years ago, Ann Smith, currently an 86-year-old widow, entrusted $250,000 of her inheritance from her husband’s estate with Daryl Bank one of the cofounders of Dominion Investment Group. When she wanted to withdraw some of the funds, she was informed that another investor would need to be found to purchase her investment before any funds could be returned.
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