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Department of Commerce & Consumer Affairs Business Registration Division

Learn how to protect yourself and your money from investment fraud and predatory tactics. This program provides insights on deceptive methods used by fraudsters and offers tips to avoid becoming a victim. Contact us for educational information and assistance in reporting fraud.

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Department of Commerce & Consumer Affairs Business Registration Division

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  1. Department of Commerce & Consumer Affairs Business Registration Division Commissioner of Securities Office Investor Education Program

  2. Investment Fraud Protect Yourself And Your Money From Predatory Tactics

  3. Predatory Tactic$ = Inve$tment Fraud “Anyone, regardless of income, education, faith or profession, can become a victim.” Fred Joseph Former NASAA President Provided by NASAA Insight

  4. What are Predatory Tactics? • Deceptive methods intended to financially injure or exploit others for personal gain or profit. $

  5. Examples of Predatory Tactics • High Pressure sales techniques • Recommending unsuitable securities that are obviously not right for you

  6. Examples of Predatory Tactics • Guaranteeing against losses • Making promises that sound too good to be true • Dealing in cash $$$$$$$

  7. Examples of Predatory Tactics • Failing to disclose material information Confidential – Financial Documents Predator: “Just sign here and I will get you the details later.” I, Kimo Kealoha give $25,000 to John Smith to invest in his new business and guarantee a 20% return over 3 months. Contact information: John Smith Cell: 123-4567 (preferred to be called) Signature: ________________ Date:____________________ Sign here

  8. Examples of Predatory Tactics • Beware of designations and/or credentials Can you identify which of the following are financial expert designations recognized under the securities laws and which ones are not? CFP ChFCPFS CFA CIC CSASSSERA Credentials can be misleading

  9. Financial Expert Designations That ARE Recognized These are the only recognized financial expert designations under the state securities laws:

  10. Financial Expert Designations That Are NOT Recognized Beware! The following are not recognized as financial expert designations under the state securities laws:

  11. Stop Predators In Their Tracks! • Take Control Of Your Investments. • Ask Questions BEFORE You Give Away Your Personal Information Or Money. $

  12. Stop Predators In Their Tracks! • Ask General Questions ? • Ask Registration Questions • Ask Referral Questions

  13. Stop Predators In Their Tracks! • Ask Financial Questions $ • Ask Questions about Fees & Commissions

  14. How We Can Help • DCCA Securities Branches: • RegulateCall 586-2722To check on your broker/adviser registration • ProtectCall 587-2267To report securities fraud(Toll Free)1-877-447-2267 • EducateCall 587-7400For educational information and presentations

  15. Remember: Don’t Be A Victim Ask questions and contact the State DCCA Securities Branch before you sign any documents, write a check or turn over your savings! $ ?

  16. Report Fraud If you believe you or someone you know might be a victim of investment fraud or a securities law violation, contact our Enforcement Branch at: (808) 587-2267 Toll Free 1-877-447-2267

  17. Contact Information DCCA Office of the Securities Commissioner 335 Merchant Street, Rm 203 Honolulu, HI 96813 Office Hours Mon-Fri/7:45am – 4:30pm Website: investing.hawaii.gov To report investment fraud call our Scam line: 587-2267 or Toll Free 1-877-447-2267

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