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Avoiding Investment Fraud

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As a growing number of online schemes try to con investors into giving away their money, the Alliance for Investor Education released a list of 11 education resources designed to give investors a leg up on avoiding financial fraud and abuse.

“Investment fraud seems to be more prevalent today as a result of the ease of access to consumers that con artists have via the Internet,” said Alliance for Investor Education President Michael D. Jones, in a statement. Jones also serves as senior executive vice president and chief administrative officer for the NASD.

The collection of resources, entitled “Investment Fraud and Abuse: What You Need to Know” is available at: //www.investoreducation.org/fraudandabuse.

This new section of the AIE Web site features the following investor-fraud education resources:

“Unlucky 13″ Traps for Investors, North American Securities Administrators

Association:

//www.nasaa.org/nasaa_newsroom/current_nasaa_headlines/4240.cfm?CFID=50

2002&CFTOKEN=57280557.

How Seniors Can Avoid Financial Abuse ?? 1/2 Securities and Exchange

Commission: http://www.cftc.gov/files/enf/enfforexbrochure.pdf.

Spam Stock Tips ?? 1/2 National Association of Securities Dealers:

//www.nasd.com/web/idcplg?IdcService=SS_GET_PAGE&nodeId=1374.

If You Are a Victim of Fraud ?? 1/2 ?? 1/2 Securities Industry Association/Path to

Investing: //www.pathtoinvesting.org/vantagepoints/resolvprobs/resolvprobs_121.htm.

Outrageous Ad Claims ?? 1/2 American Association of Individual Investors:

//www.aaii.com/promo/evergreen/basics/jrnl200109p52.cfm?CFID=502002&CFT

OKEN=57280557.

12 Common Mistakes Investors Makes, Chartered Financial Analyst (CFA)

Institute: //www.cfainstitute.org/investors/12InvestorMistakes.html.

Investment Swindles: How to Spot and Avoid Them – National FuturesAssociation:

http://www.nfa.futures.org/investor/inv_swindles/InvestmentSwindles1998.pdf.

Getting Help With Your Investments, Investor Protection Trust:

//cs.ala.org/ra/invest/booklets/Getting_Help.pdf.

Schemes Targeting Hispanics ?? 1/2 Federal Trade Commission:

http://alertaenlinea.gov/index.html.

What You Should Know: Investor Protection Resources ?? 1/2 The Bond Market

Association: http://www.investinginbonds.com/learnmore.asp?catid=3&id=59.


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