Protecting Yourself Against Fraud
Resources to help protect yourself against fraud:
- Consumer Action Government Website
- Federal Reserve Consumer Help
- Financial Fraud Enforcement Task Force, Protecting Yourself, and Reporting Financial Fraud
- FINRA Investor Contacts, Understanding Professional Designations, Broker Check, Investor Education, Save and Invest
- FTC Complaint Assistant, Identity Theft, ID Theft, Privacy, and Security, Investments and Business Opportunities, Telemarketing and Telephone Services, and Video Library
- Internet Crime Complaint Center
- SEC Investor Education, Information on Brokers and Advisors, Investment Advisor Disclosure, and Center for Complaints and Enforcement Tips
Recent articles in The Wall Street Journal that further explain and caution about financial advisor credentials:
- How to Find the Right Advisor for You
- Is Your Advisor Pumping Up His Credentials?
- Who's Advising Your Advisor?
A recent article in The New York Times describes other free services to help safeguard your identity and credit. Another article in The Wall Street Journal describes an alarming new trend of seniors being defrauded by other seniors. It also includes advice on how seniors can increase their awareness of this type of fraud and take steps to protect themselves.