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 [email protected]. On the app, touch the “Report Fraud” button to open up the Report Fraud page.

 

Suggested Reading

Mutual Funds: Understanding Common Fees and Terms

The ways and means of fraudsters

Investor Watch: Subprime mortgage crisis

More Resources

Getting Started With a Registered Investment Advisor

Ensure your advisor is right for you

In Your Community – November 2013

BCSC staff ambassadors tour the province, helping people to protect themselves from fraud and unsuitable investments. Our goal is to enable BC investors to develop critical thinking skills so they can become more informed of steps they should take to protect themselves when investing. Where we are this month CoquitlamBe Fraud Aware seminarNovember 4Private event […]