What You
Should Know
Avoiding investment fraud
Each year billions of dollars are lost to fraudulent
investments. Some of the most common include:
- Illegal pyramids, insider trading,
and unlicensed investment brokers
- High-risk "penny" stocks and
fraudulent securities
- Fraudulent franchises and business
opportunities
- Internet services, 900-numbers,
and high-tech investments promising
high profits and minimal risk
- Opportunities to invest in movie
deals and other entertainment ventures
with promises of guaranteed profits
and failure to disclose risk
To protect yourself from becoming a
victim of investment fraud, take the
following actions:
- Become informed about investments
and industries before investing
- Talk with others who have made
similar investments
- Obtain information from state
and federal regulatory agencies
- Never buy over the phone without
first investigating the situation
- Avoid investment opportunities
promising large returns in a short
amount of time that seem "too good
to be true" -- they probably are!
|
 |
|
 |
