Scam artists will use your good intentions of giving to their advantage during the holidays. Be an informed investor and learn the warning signs of fraud this season with this Christmas-themed song. Sing the InvestRight carol (sung to the tune of Rudolf the Red Nosed Reindeer).
You heard of advisor misconduct
And market manipulation
Insider trading
and illegal distribution
But do you recall
The most famous scam of them all?
Charles Pietro Ponzi
Was a very cunning man
He was known in the Americas
For his money making plan
He paid the early investors
With money from the later ones
He swindled millions of dollars
Before he was caught, jailed and done
This type of investment scheme
Will be stopped if you can
Spot the fraud warning signs
And report by phone, e-mail or online
Use the InvestRight website
To help you on your way
To making good investment decisions
And protect your hard-earned money
If you encounter investment fraud over the holidays, use InvestRight’s online Report a Scam form, or e-mail our inquiries department at inquirie[email protected]. On the app, touch the “Report Fraud” button to open up the Report Fraud page.
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Lately the Vancouver Sun has been publishing a series of articles about a company, which privately raised more than $220 million from 3,375 investors over a 33-year period to finance the development of the Gallowai Bull River property in southeastern BC. Most of these individuals were able to invest under the “accredited investor” exemption. The […]