aristocratle

Textbook example is Nikola. I highly doubt any altruistic do-gooder would have unmasked that before the fraud sucked in even more investors and money.

Another insidious element of these broker's fees are "good faith deposits." In my case, this was the full brokers fee paid via zelle,lease unseen, and with no contract in place other than an email stating that I would not be refunded the money unless my application was rejected.

I gambled and got away with it relatively unscathed. There's no way though that an exorbitant good faith deposit should be legal.