Articles Tagged with investment protection

If you’re a senior investor, you’ve likely been planning and saving for years to build your portfolio. You have rightfully earned everything you have accrued over the years and you deserve to realize the fruits of that labor in your golden years.

Unfortunately, your nest egg marks you as a target for investment fraud. Scammers like to prey on what they consider “easy targets” – those without the means to defend or protect themselves against investment fraud. The Securities and Exchange Commission (SEC) has regularly cited senior investor scams as a chronic fraud issue. Most recently, the SEC has pointed to Ponzi schemes as a major vehicle for perpetrating investment fraud against seniors.

Ponzi Schemes Targeting Seniors

Each month, the Consumer Financial Protection Bureau (CFPB) publishes a complaint report outlining and highlighting volume and percentage of consumers’ reported financial complaints.

The CFPB is an agency tasked with providing consumers with financial protection and empowerment by improving existing consumer protection rules, enforcing rules and providing tools and resources for consumers.

Analyzing Financial Complaints
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