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> And I thought that most brokers at least try to verify that prospective
> account holders were at least of legal age, because if they didn't, any
> minor could disavow the transactions and get their money back.
Sounds to me that we may have a Cuban version of the "born in a log cabin"
and "I invented the internet" stories that have come out of Tennessee.
Richard Funkhouser
>
> > When his older brother William turned 18, Ralph Cruz was16. But that
> > didn't
> > stop them from opening their first brokerage account - for the
> > purpose of
> > trading commodities. In went their life savings of almost $2,500, and
> > in less
> > than two weeks it was gone.
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