It’s the season of learning – school is back in session and Investor Education Month starts tomorrow. To celebrate, we at the ASC are showcasing our financial fraud explainer videos over the next five weeks – they’re a great way to learn about how to protect your financial future (without having to go to class!) You’ll even want to take the “test” at the end - it’s a quiz contest for prizes!
To participate in the contest, read the You ASC’d blog and watch the corresponding video every Friday starting today (September 30). Then test your knowledge with our Fight Financial Fraud quiz, available on October 28 and closing on November 4. Quiz participants will be entered into a draw to win one of three $100 gift cards to Indigo Books, to help you become a better investor with books about investing. Click here for contest rules and regulations.
We kick off week one with our first blog and video on how to Recognize and Avoid Investment Fraud.
The first step in protecting your hard-earned money and financial future from investment fraud is recognizing it. Of course we would all like to find an investment that guarantees financial security, but unfortunately, in investing as in life, if sounds too good to be true - it probably is.
The first video in our series provides an overview of investment fraud, a list of red flags and tips to protect yourself. It also reviews the different ways you may be approached, including by phone, through email/internet or by a friend or family member. If you are offered an investment opportunity that guarantees high returns with no risk, is “tax-free” or involves sending your money offshore, think twice! The best way to protect yourself is to research the investment and the person offering it, including checking registration before you make a decision to invest.
Watch the video for more details.
Be sure to check back next Friday for an overview on binary options!
Red flags of Investing
Check out a potential investment
National Registration Search