December 8, 2014-Phoenix, AZ
The Ahwatukee Foothill News published an article by Kim DeVoss advising seniors on how to protect their nest egg and sustain retirement income. See this for entire article.
According to DeVoss, scam artists and unscrupulous sales people target seniors who are often seen as:
- Generally trusting
- Home alone during the day
- Reluctant to report fraud
Guidelines to follow to protect against fraud:
- Don’t jump into an investment promoted by a smooth talking sales person
- Be aware of misleading information
- If “It seems too good to be true”, it probably is.
- Offers of an investment with above average rate of return and little risk are almost always deceptive
- Be aware of the sales person who asks you not to tell anyone about the opportunity.
Rex Securities Law , located in Boca Raton, FL, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
561 391 1900