A reader asks: I’ve been seeing multiple WhatsApp groups claiming to be run by Karen Finerman or promoting her investment strategies. They often share “exclusive tips” or “high-return signals.”
Has anyone actually participated in these groups? Are they truly affiliated with Karen Finerman, or could this be a scam? Any warnings or experiences would be appreciated.
Our response: These WhatsApp groups are definitely scams; you should avoid them and report as a financial scam here.
Karen Finerman is a real US-based businesswoman; however, her likeness has been cloned by scammers – you can read more on WhatsApp scams here.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
To contact Richard, please ask a question in our financial discussion forum.
