July 27, 2023
Looking to invest?
Be cautious and watch for “get rich quick” or “once in a lifetime” offers. Many scammers will convince victims to invest their hard-earned money into whatever the scammers are selling and/or promising.
Scam examples could include investments in:
- Cryptocurrency
- Precious metals like gold and silver
- Real estate or timeshares
The Federal Trade Commission report “The top scams of 2022”, states that investment scam victims reported $3.8 billion in losses in the year 2022.*
Take action!
It’s important to remain vigilant and do your due diligence when investing. Always…
- Research and review the company in detail.
- Consider the risk, and never allow anyone to pressure you.
- Seek guidance from a trusted local financial planner or family member.