Education and awareness are an investor’s first line of defense against investment fraud. Each year, investors lose billions of dollars to investment fraud. Investors face increasingly complex and confusing scams.
The fight against fraud never stops because each year con artists discover new ways to fleece the public. Sadly, many of the age-old scams still work to cheat victims of their hard-earned savings as well. It pays to remember that if an investment opportunity sounds too good to be true, it usually is.
NASAA members share a common goal of protecting investors and offer a wealth of resources to help investors spot and avoid investment fraud.