Franklinton

SCAM SELF-DEFENSE

Apr 05, 2009

THIEVES ARE JOINING ETHNIC, RELIGIOUS, POLIITICAL AND PROFESSIONAL GROUPS IN AN ATTEMPT TO GAIN MEMBER'S TRUST AND GET THEM TO INVEST IN BOGUS FINANCIAL OR INSURANCE SCHEMES. THIS IS KNOWN AS AFFINITY FRAUD.

** YOUR SELF-DEFENSE: CAREFULLY CHECK OUT ANY INVESTMENT THAT YOU ARE OFFERED, NO MATTER WHERE IT COMES FROM. EVEN IT THE PERSON TELLING YOU ABOUT IT IS NOT A THIEF, HE/SHE MAY HAVE BEEN MISLED BY A THIEF. ALWAYS CONDUST YOUR OWN RESEARCH, USING INDEPENDENT SOURSES, BEFORE COMMITTING TO ANY OPPORUNITY.


A NEW STOCK SCAM LURES INVESTORS TO DEFUNCT COMPANIES. WHEN COMPANIES CEASE OPERATIONS, THEY SOMETIMES FORGET TO DEREFISTER THEIR SECURITIES. THAT'S WHEN SCAMMERS SWOOP IN AND BUY THE WOTHLESS SHARES FOR NEXT TO NOTHING. THE PURCHASES DRIVE UP THE PRICE OF THESE THINLY TRADED SHARES. THEN THE SCAMMERS SELL THEM TO UNWARY INVESTORS FOR A QUICK PROFIT.

**YOUR SELF DEFENSE: IF YOU'RE NOT SURE ABOUT WHAT A COMPANY DOES OR ITS LEGAL STATUS - AND/OR IF IT SEEMS DIFFICULT TO OBTAIN INFORMATION ABOUT THE COMPANY FROM A SOURCE OTHER THAN THE STOCK PROMOTER---STAY AWAY.