| ent or brokerage fraud is usually the result of an | | | | you are reading. Once that contract is signed it's |
| advisor, a stockbroker or even the brokerage | | | | hard to do anything about it. So before you |
| firm in question offering advice to a client that | | | | invest, consult with a highly skilled investment |
| goes directly against the guidelines laid out by the | | | | fraud attorney who has seen just about |
| Securities and Exchange Commission. Will you | | | | everything and knows what a genuine contract |
| know if you have been scammed? Not | | | | should say. |
| necessarily, however there are some things for | | | | Generally speaking, the most common investment |
| you to be on the lookout for when dealing with | | | | fraud scheme centers on Prime Bank Instruments. |
| brokerage firms, etc. | | | | This is where the scammer throws around the |
| A word of advice to older Americans who have | | | | names of some of the world's most well known |
| sizeable savings accounts and are looking for | | | | banks to get you to invest your money. Here is |
| places to invest — avoid deals that look | | | | how that scheme works: you will be told your |
| too good to be true. Many unscrupulous | | | | money is pooled with other investors and you will |
| investment brokers looking to pull a fast one on | | | | likely get good returns to start with so that you |
| their clients will target seniors, as they have a | | | | invest more. The returns are really funds from |
| tendency to be more trusting. It's usually best if | | | | other victims. This scheme usually folds quickly, |
| you do your investing directly with trusted banks | | | | leaving you holding an empty bag of money. |
| and stay away from online trading schemes as | | | | For this reason alone -- the chances of brokerage |
| well. | | | | investment fraud -- take the time to thoroughly |
| In you're considering making an investment, then | | | | investigate any company in which you are |
| make it a point to hire a lawyer to read the fine | | | | considering investing. While this may seem like a |
| print in the brokerage contracts. That is where | | | | pain, it will be worth it in the long run if you not |
| fraudulent companies and brokers tuck the tricky | | | | only get to keep your initial investment, but also |
| legalese away, hoping you won't understand what | | | | get a good rate of return on it legitimately. |