Billboard

Investor Resources


   
Investor Alerts 

   

   Brochures and Videos

  
News Releases

  
Speakers Bureau

                        

           Sign up for Commission News and Investor Alerts!      

 Grow Your Money Wisely

Click here to Ask and Check BEFORE You Invest! 
Ask and Check Before

You Invest!

Be on Guard Against Affinity Fraud 


The evil of “affinity fraud” is that normally savvy or even suspicious people let their guard down when offered an investment by a member of a group to which they belong and with whom they have a common background and interestwhether ethnic, religious, professional, or the military.   Your checkbook is simply more likely to open when the approach is made by a member of your own group or when you hear other members of the group  are investing.

 

Unfortunately, con artists and unscrupulous investment promoters often tout a legitimate or fabricated military affiliation to gain your trust.  Before you consider investing, arm yourself with some fraud prevention tips: 

Beware of testimonials from other group members. Scam artists frequently pay out high returns to early investors using money from later investors.

Do your homework by getting a prospectus or some form of written information that details the risks in the investment and procedures to get your money out. 

Get professional advice from an objective third party not in your group– accountant, attorney, or fee only financial planner–to evaluate the investment.

Contact the base community service office for assistance in learning more about the investment promoter and product.  

Read more about how to stop affinity fraud in your military communityTo order this free publication, visit the Investor Resource Library-Military.  For more general information on wise investing and fraud prevention, visit the Investor Resource Library, General, A-Z.