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How to Protect Yourself From Fraud Aimed at Older Investors – Investor.gov
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2023Jun 12
How can older investors protect themselves from fraud? It’s important to recognize fraud before it happens to you. There are a few common scams aimed at older investors to watch out for. There’s the romance scam where someone pretends to offer love and then asks for money. Imposter scams are when a person pretends to be someone else, like an investment professional or government employee. They may even use fake credentials to make themselves seem legitimate. There are crypto scams and many more, too. Here’s a quick list of tactics to be aware of: Time sensitive offers High pressure sales tactics Deals that seem too good to be true Promises of high guaranteed returns Remember to always do your research, ask lots of questions, and never rush into an investment. You can learn more about scams, fraud, and how to do background checks at https://www.Investor.gov, your unbiased resource for investing information, tools, and tips. Explore more resources for older investors at: https://www.Investor.gov/NeverStopLea...

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U.S. Securities and Exchange Commission

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