- Don’t believe claims that there is no risk—there is always risk in any investment.
- Be careful of any investment opportunity that makes exaggerated earnings claims.
- Get all details about an investment opportunity in writing.
- Steer clear of “offshore” investments. These are often promoted as a way to avoid taxes, but you may still be liable for taxes, plus the investments can be very risky.
- Consult an unbiased third party, like an unconnected broker or licensed financial advisor, before investing.
- Take the time to check out investment offers by contacting your state’s securities regulator.
- Never put all of your “eggs” (investments) in one basket.
Get the latest breaking current news and explore our Historic Archive of articles focusing on The Mafia, Organized Crime, The Mob and Mobsters, Gangs and Gangsters, Political Corruption, True Crime, and the Legal System at TheChicagoSyndicate.com
Thursday, July 19, 2012
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