Scams involving cryptocurrency, social media apps, and marketing tactics designed to play on emotions made NASAA’s 2025 annual list of top investor threats. In today’s special episode of Real-Life Regulators, we are joined by Amanda Senn, Director of the Alabama Securities Commission, and she also serves as NASAA’s Enforcement Section Chair. She will share how to detect, protect, and report these scams, and hopefully, after listening to this episode, you will be able to avoid these threats.

From award-winning dairy to devastating deception. Trickling Springs Creamery, a beacon of East Coast goodness, hid a chilling secret. Philip Riehl, one of their own, used the sacred trust of his Amish and Mennonite community to build a multi-million dollar lie. He milked more than cows, draining the life savings of his Amish and Mennonite neighbors. How did a simple promise of prosperity become a web of deceit, where faith was the ultimate weapon? The creamery's success? A mirage. The truth? A bitter lesson in the fragility of trust, even among the faithful.

Today’s episode has a very fitting title “The Lone Wolf”. Gregory Lone was truly a wolf in sheep’s clothing. Lone purchased a long-standing insurance company based in Wenatchee, Washington, and he specifically targeted older customers who were looking to invest in annuities to help provide a stable financial future. Instead, he stole from seven older investors to help feed his Ponzi scheme putting their financial future in question.