AARP New York: Money Matters

Financial Fraud

Ponzi Schemes
What's a Ponzi scheme, you ask? While you'll never hear an investment promoted with that name, there are lots of them around.

Find out what to look for so you can avoid falling victim to this all-too-common form of financial fraud.

Avoiding Investment Fraud: Signs of a Scam
Joe and Alice had known Ernest for years. But when Ernest offered them the opportunity to make big money — guaranteed, with no risk — Joe and Alice wrote Ernest a check for more than half their savings. Sadly, before long their money disappeared.

Learn to heed the warning signs and get other valuable tips for checking on investment offers, brokers or advisers.

Video: The Lure of Money
The Campaign for Wise and Safe Investing

Every day, people are conned into making disastrous financial investments. Watch and see how you can avoid the same fate — and invest wisely to protect your assets.

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