Seniors should carefully check the credentials of individuals holding themselves out as “senior specialists.”
All: Scams & Frauds
NASAA offers seniors ten common-sense solutions to avoid investment fraud.
NASAA is working with AARP to ensure that senior investors are not being pressured into purchasing fraudulent or unsuitable investments at free lunch seminars.
The NASAA-NAPSA-IPT Elder Investment Fraud and Financial Exploitation Prevention Program educates medical professionals and other caregivers about how to identify seniors who may be vulnerable to financial abuse.
Know your rights as an investor.
A few simple actions can help investors sidestep the potentially devastating impact of a classic Ponzi scheme.
Forex trading can be legitimate for governments and large institutional investors concerned about fluctuations in international exchange rates, and it can even be appropriate for some individual investors. But the average investor should be wary when it comes to forex offers.
State securities regulators around the country warn that oil and gas investment scams are alive and well. High oil prices have created a heightened interest in investments in energy-related business ventures.
State securities regulators warn senior investors to be aware that a combination of “free lunch” seminars, misleading professional “senior specialist” designations, and abusive sales practices can create a perfect storm for investment fraud.
Investors Urged to Carefully Monitor Online Trading Accounts WASHINGTON (October 26, 2006) – The North American Securities Administrators Association today warned investors to carefully monitor their online trading accounts in the wake of “hack attacks” in which predators have broken into customer accounts at online brokerages in the United States and Canada and made unauthorized trades [...]