Investment fraud comes in many shapes and sizes, and fraudsters use various tactics to scam potential investors. Often, the fraudster pretends to be your friend, encourages you to get in on the 'ground floor' of a new investment opportunity, promises huge returns and pressures you into buying right away. These are all red flags that should set off alarms. You can see examples of these kinds of fraud and how to avoid them by checking out the Securities and Exchange Commission's (SEC) new public service videos. For more information, read the brochure, visit the Investor.gov website, and read the VA VAntage Point Blog.
For more personal finance tips and protection tips, visit the Military.com Money section.
