Not Asking and Checking Cost One Investor $100k

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Not Asking and Checking Cost One Investor $100,000

Not Asking and Checking Cost One Investor $100k

Protecting yourself from investment fraud can be as simple as asking if the seller and the investment are registered, and then verifying the answers with FINRA or the SEC. Unfortunately for some people, like Robert Kalinowski's father, not taking these steps can result in irreversible financial damage. Read Kalinowski's story and plea to always "ask and check" before investing.

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Moneytopia - Deceptive Investments Tutorial: Avoiding Deceptive Investment Sales Practices

With the popularity of the internet and cell phones, old investment scams, such as Pump and Dump, as well as new schemes, are being pushed out to potential investors every day. But you can avoid becoming a victim by remembering a few simple rules.