How can I be protected from investment fraud?

Investment fraud is a serious problem in Iowa, and it is important to protect yourself and your financial assets from fraudsters. There are various ways to safeguard yourself from investment fraud. First, you should make sure to research any potential investments you are considering. Do not buy or participate in any investments without thoroughly understanding the investment, the company, and the people behind it. Some scams involve offering high return investments that are too good to be true. Second, you should be wary of any investment pitches that come via email, phone, or mail. Many scams will attempt to trick you by offering unregistered investments or investments with high return promises. Make sure to check with the Iowa Department of Commerce and the SEC to verify the legitimacy of any company you are considering investing with. Third, make sure to be aware of the warning signs of investment fraud. These include promises of guaranteed success, pressure to invest before necessary research, and promises of high returns with little to no risk. If something seems too good to be true, it likely is. Finally, be sure to discuss any potential investments with your financial advisors before investing. They can provide useful guidance and advice to protect you from fraudsters and help you make smart investments. By following these steps, you can safeguard yourself from investment fraud and ensure you are making smart investments for yourself and your future.

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