VERNON

As an investor rights attorney, it is frustrating to talk to investors after they have lost their life savings investing in a scam.

Unfortunately, these scams tend to be more believable in the type of economy we are currently experiencing. The stock market is up, so pitches promising high returns seem more plausible. Interest rates are low, so fixed income investors are looking for higher returns without market risk.

Though these scams can cover a wide variety of investments such as art, real estate, cannabis, crypto, etc., the core pitch is the same. As a result, regulators have checklists on their websites you can follow (I recommend you do) to protect yourself. These checklists will tell you to make sure the salesperson is licensed, to stay away from investment pitches that promise high and consistent returns with low risks, avoid investing in secret strategies, and be wary of sales pitches that create a sense of urgency or…

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