I really want to invest, but I'm afraid brokers will take advantage of my lack of experience. How can I keep my money safe and avoid getting mixed up in an investment scam?
A: It can be difficult, especially for an inexperienced investor, to tell if an investment opportunity is legitimate or just a scam. However, there are a few "red flags" that almost always point to potential investment fraud:
- Pressure to invest right away.
- Promises of high returns with little or no risk.
- Difficulty obtaining anything "in writing."
If you're still concerned about being able to recognize a potential investment scam, request our FREE book, Five Signs of Investment Fraud ...And What to Do if It's Happened to You, which goes into more depth about the signs of fraud and your options if you've been a victim.
Because most investment fraud cases end up in arbitration, this field of law is extremely different from most types of court cases. If you have already been the victim of investment fraud, an experienced stockbroker arbitration attorney with the law firm of Meyer Wilson may be able to help you recover your losses. Give us a call anytime at 1-866-8-BROKER.