What should I do if I suspect investment fraud?

If you suspect investment fraud, you should take action right away. You should first contact the financial professional or institution with which you believe the fraud was committed, and explain your concerns. If they don’t address your concerns, you should contact the appropriate government agency. In California, the Financial Industry Regulatory Authority (FINRA) or the Securities and Exchange Commission (SEC) would be the right agency to contact. You should also make sure to gather any information you may have that is related to the fraud and provide it to the agency. In California, victims of investment fraud may have certain legal rights, so it is important to contact a lawyer experienced in investment fraud cases. A lawyer can assess the situation and provide advice on how best to proceed. It is also possible to file a complaint with FINRA’s Investor Complaint Center. The complaint center investigates potential violations of the securities laws and works to ensure that investors are treated fairly. Victims of investment fraud may also want to contact their local law enforcement agency. In California, the Department of Business Oversight and the California Attorney General are responsible for enforcing the state’s securities laws. By filing a complaint, victims can help law enforcement to better understand the scope of the problem and identify perpetrators. Overall, if you suspect investment fraud, it is important to take action quickly. Contact the proper government agency and a lawyer, and consider filing a complaint. Taking these steps can protect you, and help law enforcement to build a case against the perpetrators.

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What should I do if I suspect investment fraud?

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