Helping Seniors Avoid Future Investment Scams

Earlier this year, the AARP Foundation released the results of a nationwide study that looked at the important differences among victims of investment fraud and the general population.* The results of the study are important to older Americans (and others) who want to avoid being the victims of investment scams.

Results of the AARP Investment Fraud Study

The study found that investment fraud victims were more likely to:

Expose themselves to two or more sales situations, such as free meals, listening to a sales presentation, or opening junk mail.
Be interested in persuasion tactics, such as a "promised" return on investment, ways to reduce a mortgage, or buying something at a reduced price for a limited time.
Fail to take preventive measures, such as putting themselves on the federal Do Not Call List or checking the references of businesses or brokers who want their money.
Be male, married, have at least some college education, and make at least $50,000 per year.

This information may be used to educate older Americans about the risks of investment scams and how to prevent being a victim of investment fraud, but, unfortunately, education alone will not prevent all future scams.

How a Cleveland Investment Fraud Attorney May Help After an Investment Scam

The Law Firm of Meyer Wilson is the only Ohio law firm that is exclusively dedicated to individual investor claims and class actions. Our Cleveland investment fraud lawyers have successfully represented investors all throughout Ohio in securities arbitration, mediation, and litigation claims against the stockbrokers, brokerage firms, and financial advisors who have defrauded our clients. We will fight hard for your just recovery. 

To schedule a free consultation with an experienced Ohio investment fraud attorney, please call us today at 614-224-6000 or toll-free at 1-866-827-6537. All of our cases are handled on a contingency-fee basis, and we do not request retainers of any kind.

We also invite you to read our FREE book for more information about your rights and potential recovery: Five Signs of Investment Fraud... And What to Do if it's Happened to You.

*Source: AARP Foundation National Fraud Victim Study, May 2011