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Saving and Investing Scams

  • 'China' Stocks -- Look Beyond the Name Before You Invest
    Economic growth in China and strong performances by the Shanghai and Shenzhen Composite Indices are fueling the touting of low-priced "China" stocks. But some of the companies being touted all too often have no actual connection to China's stock markets.
  • Advance-Fee Scams Target Non-U.S. Investors Using Fake Regulator Web Sites and False Broker Identities
    The Financial Industry Regulatory Authority warns non-U.S. investors that scammers are using fraud -- including setting up phony 'regulator' web sites and fake identities -- to separate you from your money.
  • Financial Seminars Not Always What They Purport to Be
    Consumers who plan to attend free seminars should be aware that in most cases the presenters will promote products and services that are for sale. The Better Business Bureau offers tips to help you recognize good financial seminars from those that don't always have your best interests in mind.
  • FINRA Alert Warns of Japan Earthquake Related Investment Scams
    The Financial Industry Regulatory Authority (FINRA) issued an Investor Alert warning investors of investment scams centered on Japan's recent earthquake and nuclear crisis. The con artists behind these "pump and dump" scams seek to capitalize on the media spotlight on Japan's recent disasters by linking a company's products or services to efforts ranging from the detection of gamma rays and the clean-up of nuclear waste to the development of earthquake-resistant structures.
  • FINRA Investor Alert, Online Tools Help Investors Protect Themselves From Financial Fraud
    The Alert, Avoiding Investment Scams, clearly explains the characteristics of the most commonly used securities frauds, including Ponzi and pyramid schemes, pump- and-dumps and offshore scams. Drawing on ground-breaking research supported by the FINRA Investor Education Foundation, Avoiding Investment Scams lays bare the psychological persuasion tactics used by fraudsters to lure in their victims. These persuasion tactics are constant across a wide variety of frauds.
  • How to Spot the Red Flags of an Investment Seminar Scam
    Falling victim to a fraudulent investment scheme can mean losing anywhere from a few hundred dollars to your life savings. While most people might not see the harm in sitting through an investment seminar, Better Business Bureau recommends researching the investment company first, rather than run the risk of falling for a financial siren song over a free lunch.
  • Keeping Your Account Secure: Tips for Protecting Your Financial Information
    Your brokerage firm has an obligation to safeguard your personal financial information. But even the best procedures cannot prevent all instances of identity theft - especially if the vulnerability lies with you, the customer.
  • Look Before You Leave: Don't Be Misled By Early Retirement Investment Pitches That Promise Too Much
    Early retirement is an alluring prospect. When faced with a pitch that promises that you can cash in your company retirement savings in your 50s, reinvest the money, and live comfortably off the proceeds for the rest of your life, many simply can't say no. But usually they should.
  • National Futures Association Publishes New Spanish-Language Guide to Help Individuals Identify and Avoid Investment Scams
    National Futures Association (NFA) has published a new Spanish-language version of its investor education booklet entitled "Scams and Swindles: An Educational Guide to Avoiding Investment Fraud." The guide describes common characteristics of investment scams and outlines steps individuals can take to avoid them.
  • Oil and Gas Investment Frauds
    If you are contemplating investing a large amount of money, oil and gas wells may be among the options you are considering. Regardless of what investment opportunities you're considering, it is wise to gather all the information you can so you can make an informed decision. And beware.
  • Oil and Gas Scams: Common Red Flags and Steps You Can Take to Protect Yourself
    The Securities and Exchange Commission filed fraud charges against two securities promoters who fraudulently raised $2.2 million through sales of oil and leases to at least 70 investors nationwide. The SEC also issued an investor alert warning investors to beware of solicitations that prey on fears of higher oil and gas prices.
  • Pre-IPO Investment Scams
    The SEC's Office of Investor Education and Advocacy is issuing this Investor Alert to warn you about investment scams that purport to offer investors the opportunity to buy pre-IPO shares of Facebook, Twitter, Groupon, or other popular companies. SEC staff is aware of a number of complaints and inquiries about these types of pre-IPO investment scams, which may be promoted on social media and Internet sites, by telephone, email, in person, or by other means.
  • Save Your Energy and Money -- Don't Fall for Energy Stock Scams
    The Financial Industry Regulatory Authority has issued an alert to warn investors about fax, email and even cell phone text message scams that promise high returns in exchange for little risk-- and to provide information on how to invest wisely in the energy or any other sector.