Even though the number of Ponzi schemes dropped by 30% in 2020 versus 2019, investors still stand to lose $1 billion. Most experts are concerned that because of Covid-19 authorities were constrained from uncovering more schemes, leaving the crooks out there still operating.
Florida still topped the list where the crooks call home. FL has a high population of retirees, which make for prime targets for being conned out of their savings. And at the same time their children often live in other states.
How to avoid being a victim? Ask the hard questions, not just the easy ones. Such as 1) who are all the officers? 2) who is the accounting firm and their address 3) what states is the offering registered in? 4) what is the cusip no.?
These are just a fraction of the questions one needs to ask to avoid becoming a victim. If you need help, ask for it. Seek out a lawyer or CPA for advice.
Not sure what to look for or who to seek advice from? We can help.
CPAA+ does not manage money. We add expertise by watching your portfolio, reviewing your statements monthly, and alerting you to unusual activity. If you would like a free consultation, contact us at 412-370-8524 or visit [ Ссылка ] for more information
