Scammers and criminals don’t take a break during the holidays, in fact they might ramp up their efforts. A 2018 ElderWatch survey of Coloradans 50+ found a lack of knowledge about some holiday-related scams. Be vigilant this holiday season and take extra precautions to ensure your hard-earned money does not end up in the hands of scammers:
Learn How to Recognize, Refuse and Report Investment Scams at the Second Annual Rocky Mountain Investor Fraud Summit
Investment fraud affects thousands of Americans and accounts for billions in lost savings every year. The profile of a typical fraud victim is not who you might think—they are financially knowledgeable, have above average income, are college educated, and self-reliant when it comes to making decisions. Moreover, a majority of investors ages 55 to 65 do not perceive themselves as vulnerable to investment fraud; yet many of their reported investment behaviors put them at risk.
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