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Invest in Knowing More
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If it sounds too good to be true, it probably is.
There is no “typical” victim of fraud. Most successful scams rely on trust. Scam artists try to gain your trust by asking questions about your health, family, or interests and use that information to target their sales pitch to your specific situation. Professional scam artists go where the money is, so if you have money to invest you are vulnerable to fraud.
A scam needs to be believable in order for it to work – so how do you know if you’re being pitched a potentially fraudulent offer? See the section about Recognizing a Scam to learn how to identify the Red Flags of investment scams.
Scam artists are coming up with new tricks every day to try and separate you from your hard earned money. Most of their tricks are just variations on common scams that have been around for years. If you’re being offered something that sounds like one of these Types of Scams just say “no thanks!”
Technology is making it easier for scam artists to contact their potential victims. By recognizing How You Might Be Approached, you can be better prepared to hang up the phone, walk away, do not reply to the email, and call us.
By learning how to recognize and report fraud you can make yourself a tough target for scam artists. The NBSC Podcast series, The Alert Investor can help. You can also download the full guide to Protecting Your Money (PDF) and Investment Fraud on the Internet (PDF) for more tips on how to invest in knowing more!
The NBSC is here to help, if you suspect you have been approached with a scam contact us or file a complaint online.
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