Religious Fraud Tips
Before making any investment, state securities regulators urge people to ask these questions:
_Are the seller and the investment licensed and registered in your state?
Call your state securities regulator to find out. If not, the seller may be operating illegally. To get the name and telephone number of your state regulator, go to the Web site of the North American Securities Administrators Association at http://www.nasaa.org, or look in the white pages of the phone directory under Government.
_Has the seller given you written information that fully explains the investment?
Make sure you get proper written information, such as a prospectus or offering circular, before you invest. The documents should contain enough clear and accurate information to allow you or your financial adviser to evaluate and verify the details of the investment.
_Are the claims made for the investment realistic?
Some things really are too good to be true. Use common sense and get a professional, third-party opinion when investment ``opportunities″ seem to offer unusually high returns. Pie-in-the-sky promises often signal investment fraud.
_Does the investment meet your personal investment goals?
Whether you are investing for long-term growth, income or other reasons, an investment should match your goals.