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Unfortunately, many people fall for online investment scams every year
and end up losing their hard-earned money to crafty fraudsters. The good
news is that, by learning to spot the signs of investment fraud, you can
identify and avoid these schemes when you run into them. For the most
part, it’s all about getting informed and developing good investing habits.
Many scams can be avoided by simply doing a little sleuthing and attempting
to verify what you have been told. Here are three easy habits you can
develop without even leaving the keyboard:
Start deleting any unsolicited investment offers. If you receive an unsolicited offer from a company or promoter you’ve
never done business with before, it’s a good habit to simply delete
it. Many unsolicited investment offers you receive are actually scams.
Check out the investment with your state regulators and the SEC’s
EDGAR database. There are many tools available online to help you research an investment
offer. Any legitimate investment offer should be properly registered with
Check out the investment promoter with your state securities regulator
and FINRA’s BrokerCheck. Because many investment schemes are run by repeat offenders, it’s
important to also always check out the promoter of the investment using
If you have already lost money in an online investment scam, don’t
wait until it’s too late to get help. Our investment fraud attorneys
have over 50 years of collective experience helping investment fraud victims
recover their losses, and we’d be happy to meet with you in a free
and confidential legal consultation to discuss your options. Just give
us a call today!
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Investment Misconduct Blog
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