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Illegal Investment Practices News

Warning to Seniors Re Investment Scams

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Senior citizens are warned that they are prime targets for illegal and unethical investment dealers.
 
Officials urge anyone approached about a prospective investment to exercise common sense, not be lured by promises of unrealistic returns, and to deal only with people known to friends and family.
 
Besides illegal scams, seniors should be wary of investments that involve large commissions or fees for salespeople.

Senior citizens warned of investment scams

Buffalo News - 4/4/2006 8:57 AM

Senior citizens are warned that they are prime targets for illegal and unethical investment dealers.
 
Officials urge anyone approached about a prospective investment to exercise common sense, not be lured by promises of unrealistic returns, and to deal only with people known to friends and family.
 
Besides illegal scams, seniors should be wary of investments that involve large commissions or fees
 
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