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
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 […]