The Right Note is a weekly opinion column published on Thursdays. The views and opinions expressed in the column are those of the author and do not necessarily reflect the views of ARLnow.com.
McAuliffe claims he was a “passive investor in a life insurance annuity pool,” but the lawyer for the convicted Rhode Island estate planner Joseph Caramadre said investors knew he was exploiting a loophole to give investors a portion of the death benefit. If so, most of us would ask questions. Did you know what type of investment you had made? How and when did you become a passive investor in such a scheme? What type of people would you be connected to who would steer you to this type of shady investment?