Common Frauds

So how do you avoid being a muggins and getting caught up in a Ponzi Scheme or other Fraud?

 

1. If it looks too good to be true - it is

2. The NZ Regulator - the FMA - has a useful guide to common frauds

3. If it looks too good to be true - it is

4. The US Regulator - the SEC - put together a useful guide to the Ponzi Scheme

5. If it looks too good to be true - it is

6. Make sure you are dealing with an Authorised Financial Adviser - AFA

7. If it looks too good to be true - it is

8. If anyone is "guaranteeing you returns" - run a mile...NOW!

9. And finally - If it looks too good to be true - it is