Georgia Investment Fraud Traps Investors, Warns Secretary of State
Brian Kemp, Georgia Secretary of State, warned investors to be on the lookout for investment fraud in Georgia after the North American Securities Administrators Association (NASAA) issued its 2011 list of troubling financial products. Affinity fraud, distressed real estate schemes, promissory notes, and gold investment scams were among the most common tricky or fraudulent Georgia investments.
Secretary Kemp urged Georgians and their families to "carefully research all offers and those who make the offer before investing their money and resources. Georgia consumers should do business only with licensed brokers and investment advisers and should report any suspicion of investment fraud to us."
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