Our mission is to inform the public of the risks of financial fraud, provide education on fraud prevention, and hold financial institutions accountable for the protection of those vulnerable members of society.
Most people are unaware of the risks involved with managing and transacting large sums of money such as retirement nest eggs. In fact, most people would be shocked to learn how little protection our financial institutions provide when something goes wrong. Countless people have found themselves the victim of financial fraud simply because they attempted to move retirement funds from one financial institution to another. When they fall victim to such a fraud, they are met with financial institutions playing hot potato with the problem and soon run out of avenues to recover funds and seek justice. Legal action is often cost prohibitive with no guarantee of a successful outcome.
NoVaultNoFault aims to shine a light on this dark issue of financial fraud, and encourage consumer banking reform to better protect the public.