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Beware of Scams

Beware of Scams. Scams attract unknowing investors with promises of huge profits in a short period of time. . Beware Of Funds that consistently beat the market by more than what you might expect . Beware Of High-pressure telemarketers

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Beware of Scams

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  1. Beware of Scams Scams attract unknowing investors with promises of huge profits in a short period of time.

  2. Beware OfFunds that consistently beat the market by more than what you might expect .

  3. Beware Of High-pressure telemarketers • Be wary of aggressive cold callers who tell you to “act now, before it’s too late!” • High-pressure pitches are often used to get you to buy an investment before you’ve had a chance to research it.

  4. Beware Of Investing over the Internet • Use caution • Be sure you’re dealing with a genuine business engaged in a legitimate business venture.

  5. Beware Of Investing with an unfamiliar or unverifiable company • Alwaysknow the person you’re dealing with. • Don’tlet appearances fool you.

  6. Beware Of Investing with an unfamiliar or unverifiable company • Alwayscheck the Securities and Exchange Commission’s EDGAR database (www.sec.gov) to be sure the company is operating legally. • Always a broker’s background by contacting the Financial Industry Regulatory Authority (www.finra.org) before you sign up.

  7. Be Certain • You know who you’re verifying your personal data with. • Don’t respond until you know the promoter is legitimate.

  8. Be Certain • To take everything with a grain of salt. • Bad information and false news reports are plentiful. • Verify facts shared by family, friends, or unknown sources.

  9. Be Certain • To stay in charge of your money. • Alwaysseek advice from trusted financial advisors to develop an investment strategy. • Alwaysmonitor your investments regularly.

  10. Be Certain • To stay in charge of your money. • Alwaysbe vigilant. It’s one of the most important ways to protect yourself against fraud. • Alwaysobtain written financial information.

  11. Visit www.IneedaCPA.org to find a CPA in your area.

  12. Questions?

  13. Developed in cooperation with the

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