Investing - Beware Investment FraudBeware: Investment Fraud Deceptive pitches for investments often misrepresent or leave out facts in order to promote fantastic profits with little risk. No investment is risk-free and a high rate of return means greater risk. Before investing, get written information such as a prospectus or annual report. Beware if a salesperson:
***Encourages you to borrow money or cash in retirement funds to invest
***Pressures you to invest immediately
***Promises quick profits
***Says that the disclosure documents required by federal law are just a formality
***Tells you to write false information on your account form
***Sends material with typos or misspellings or not printed on letterhead
***Does not send your money promptly
***Offers to share inside information
***Uses words like "guarantee," "high return," "limited offer," or "as safe as a CD"
***Uses the phrase "this investment is IRA approved"
***Claims "off-shore investments are tax-free and confidential"
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