Other Languages... Or nothing for your money. From Ponzi schemes to exotic financial investments, consumers are being conned.
The Washington State Department of Financial Institutions (DFI) and North American Securities Administrators Association issued a list of the top 10 investment scams most likely to trap Washington residents.
DFI’s Director of Securities Michael Stevenson says investors under pressure from the struggling economy need to resist the lure of sales pitches to rebuild their savings.
“When it comes to investing, verify everything and everyone before you part with your money,” Stevenson said. “Education and information are an investor’s best defense against investment fraud.”
Source: Money Talks
Submitted by Holly Martinez on