# Problems with Traditional Asset Management The Traditional asset management industry has been plagued with multiple issues including scams and corruptions since its inception . Unethical and illegal manipulations by asset managers with a large sum of money at their disposal Ponzi schemes and sweepingtechniques are some of the common allegations faced by the industry . The industry has developed deep -rooted problems including mutual mistrust, unethical practices , scamming , and below- the-surface deals. Trusting even professional asset managers in traditional markets can sometimes lead to problematic results . Stories of asset managers making certain trades just to increase their commission and drive up the fees to their investors are just the beginning when it comes to the level of dishonest activity when it comes to investing other’s money. Every year, thousands of licensed traders are found guilty of insider trading , fraud , or scamming hard-working investors --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://gitbookwhitepaper.gitbook.io/gnc-whitepaper/introduction/problems-with-traditional-asset-management.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.