What should I do if I am the victim of an investment fraud scheme?

If you are the victim of an investment fraud scheme in California, it is important to take immediate action. First, report the fraud to the California Department of Business Oversight, who investigates securities-related complaints. You can also file a complaint with the Financial Industry Regulatory Authority, who can provide assistance in arbitration proceedings or refer your case to the appropriate federal or state authorities. Next, you should contact an attorney who specializes in investment fraud cases. This is especially important if the fraud involved a large amount of money, because an experienced attorney can help you understand what legal options are available to you. Your lawyer can also work with you to recover any money you may be owed, and help you explore any criminal or civil charges you may decide to pursue. Finally, if you have lost money as a result of the fraud, speak with your financial institutions about any steps that may be taken to prevent further losses. It is also important to contact your credit card companies, to ensure that any unauthorized charges related to the fraud are canceled. By taking these steps, you can help protect yourself from any further financial losses, and ensure that the fraudsters are brought to justice.

Related FAQs

What are the different types of investment fraud?
What is the purpose of the Investment Company Act of 1940?
What are the different requirements for different types of securities offerings?
What are the elements of an Investment Fraud Law Suit?
How can I conduct due diligence before investing?
What are the consequences of investment fraud?
What are the types of investments most vulnerable to fraud?
What is the difference between a broker-dealer and an investment adviser?
What is a prospectus?
What is a Securities and Exchange Commission (SEC) investigation?

What should I do if I am the victim of an investment fraud scheme?

Related FAQs

Related Blog Posts