Chicago, IL. – With Americans losing tens of billions of dollars annually to investment fraud schemes, what mindsets and behaviors are common among those who fall victim? A new survey by the AARP Fraud Watch Network finds that the most susceptible typically exhibit an unusually high degree of confidence in unregulated investments and tend to trade more actively than the general investor population. More of the investment scam victims also reported that they value wealth accumulation as a significant measure of success in life and acknowledged being open to unsolicited telephone and email sales pitches.
Happy March and here’s hoping spring is just around the corner! Terri Worman here…your frauds and scams blogger at “Oh NO You Don’t!” Welcome back – this time around “Tax Identity Fraud” and “Speaking Out!”
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