Learn the Warning Signs of Investment Fraud: Never Feel Pressured to Buy
It’s easy to spot Investment fraud when you know what it looks like. You could be approached through text, email, phone calls, or in groups or financial courses. There are clear warning signs. Protect yourself by knowing them. Ensure anyone offering financial advice or investment products is properly qualified.
High-pressure sales tactics are the scammer’s best tool to draw you in. They want to get your money and quickly move on to other victims.
If you’re asked to decide immediately, or are presented with a limited-time offer, let your investment radar blare a warning. Scammers know that, if you have enough time to check things out, you may not fall for their scam.
Resist pressure to borrow money to invest, such as leveraging your home. Legitimate investment opportunities include time to review a prospectus or other disclosure documents and make an informed decision.
Don’t make spur-of-the-moment decisions with your life savings. Never sign a blank document or one that you do not understand. Especially one urging you to lie about your income or personal finances. This is the territory of scam artists and unethical advisors.
When in doubt, ask your FORTAX Financial Advisor to verify if an opportunity is legitimate.
Protect yourself and your hard-earned money by becoming a smart financial and investment consumer. Your FORTAX Financial Advisor can help you verify the legitimacy of any opportunity you are considering.