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How can I avoid financial analyst scams?
Author: Ivan Yaller
Website: http://www.InvestingYes.com
Added: Tue, Oct 31, 2006 8:29:12
Category: Investing Questions
             
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Financial analyst fraud can be a major cause of bankruptcy. These scam artists do not care about the losses you may suffer. Here are some ways to avoid becoming involved with a scammer:

1. Ask many questions and arrive at your own conclusions. Scam artists exist because too many investors do not investigate the scammers who attack them. Start asking your friends their experiences, as well.

2. Do some research on the company. Don't do business with them until you are satisfied that the company is legitimate.

3. Get to know the salesperson.

4. Beware of unsolicited offers that come your way. Their flowery statements are calculated to fool people.

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About the Author:
Ivan Yaller answers frequently asked investing questions at PrettyGreatAnswers.com.

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