On-AirVirginia This Morning

Actions

Educate and protect yourself against investment fraud

Posted at 12:27 PM, Nov 20, 2014
and last updated 2014-11-20 12:27:38-05

RICHMOND, Va - Michael Herndon, Consumer Outreach Officer for the U.S. Commodity Futures Trading Commission, offered some tips and advice on smart steps to take when considering an investment, and how to spot investment scams and fraud. In our eagerness to make an investment, we can overlook signs that indicate an opportunity is too good to be true and not recognize possible fraud. The majority of fraud schemes today involve unregistered financial professionals. For more information visit online at www.cftc.gov.