The AARP recently released information about the results of their study
looking into the differences in demographic characteristics, behavioral
characteristics and psychological mindset between the general investor
population and known investment fraud victims. Some of their key findings include:
- About 11 percent of the general investment population make at least five
investment decisions per year, while about 42 percent of fraud victims
made at least five investment decisions per year.
- About 32 percent of the general investment population reported receiving
one or more investment sales call every month, while about 58 percent
of fraud victims reported receiving at least one call every month.
- About 30 percent of the general investment population agreed with the statement,
“The most profitable financial returns are often found in investments
that are not regulated by the government,” while about 48 percent
of fraud victims agreed.
- About 41 percent of the general investment population believed that wealth
accumulation was one of the most important measures of success in life,
while about 60 percent of fraud victims believed that it was one of the
most important measures of success.
Applied Research Consultants (ARC) and the AARP’s Fraud Watch Network
worked together to conduct 1,028 interviews of 214 fraud victims and 814
people in the general investment population between August 23 and September 7, 2016.
If you were the victim of an investment fraud scheme, you may be able to
recover your losses. Our investment fraud attorneys at Meyer Wilson have
helped approximately 1,000 victims of fraud recover more than $350 million
in verdicts and settlements since we first opened our doors nearly 20
years ago. Tell us about your case by
filling out our online form or by giving us a call at one of our office locations today.