How Can I Keep My Money Safe?
| November 18, 2019
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?
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.”
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 Meyer Wilson may be able to help you recover your losses. Give us a call anytime.