Buyer Beware: There’s No Such Thing as a Free Lunch

Help Fight Investment Fraud in West Virginia

Source: AARP.org

Americans are often bombarded by junk mail; unwanted phone calls during dinnertime, and, in many cases, with “free lunch” investment seminar invitations. Invitations often promise no risk investments and ways to avoid all taxes.

Although many of these seminars sell legitimate products, there have been far too many reports of people being scammed out of their life savings.

AARP, in collaboration with the North American Securities Administrators Association (NASAA), is working diligently to fight consumer fraud by encouraging individuals to join the Free Lunch Monitor program. Hundreds of people have already joined this national campaign to help monitor free lunch investment seminars.
 
By becoming a Free Lunch Monitor, you can help to fight fraud in your state. If you plan to attend a seminar, take the “What to Listen for Checklist” and report your findings to AARP. We are sharing this information with securities regulators nationwide. Please visit the web site www.aarp.org/nofreelunches to download the checklist and help make the market place safer for all investors.
 
For more information about AARP West Virginia's Free Lunch Monitor program, contact Gaylene Miller at gmiller@aarp.org or 304.340.4602.