How can I protect myself from investment fraud?

Investment fraud is a serious crime that can cost you your hard-earned money. In North Carolina, it is important to protect yourself from investment fraud by being aware of the potential risks associated with investing your money. First, make sure that you do your research on any investments you are considering. Before investing, make sure you understand the risk factors, potential return, and background of the investment. Be skeptical of any salesperson who assures you of a guaranteed return or tries to pressure you into investing quickly. Second, never invest with someone just because they are related to you or a family friend. Always get a financial advisor to review the investment before you put your money in. A qualified professional should be able to tell you if the investment is legitimate or not. Third, keep your financial information private. Do not give your financial information to anyone over the phone or online. Be sure to change your passwords often, and never respond to unsolicited requests for money. Finally, report any suspicious activity or scams to the appropriate authorities. Contact the North Carolina Department of Justice or the North Carolina Securities Division to report any suspected fraud. By following these steps, you can protect yourself from investment fraud in North Carolina. Remember to always be vigilant and do your research on any investments you are considering before you put your money in.

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How can I protect myself from investment fraud?

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