Identifying Scams, Ponzi Schemes & Other Fraud
U.S. SEC Investor Alerts and Bulletins:
Fraud is one thing most people think won’t happen to them. Of course, everyone thinks it’s possible that it could happen, but most people don’t see how even an opportunity for someone to defraud them would ever come around.
Equity Trust Company knows fraudulent investments and investment scams can come from a variety of sources and take many different shapes.
As a directed custodian, we are not permitted to evaluate investments for our clients. By providing self-directed IRAs, we want our clients to feel fully empowered to thoroughly investigate and examine investment opportunities that come their way.
Equity Trust Company urges our clients to reach out to CPAs, financial advisors, attorneys, and other trusted individuals from their personal history to create a team of trusted advisors. Along with your knowledge and personal expertise, your team can help you find and review opportunities to make sound investment choices.
Asking the Right Questions
Equity Trust Company knows the sad truth is fraudulent investments, Ponzi schemes, and scams can look legitimate and even come from a trusted source. Listed below are some of the most common signs of a fraudulent investment or scam.
If you suspect an investment to be fraudulent or have any concerns about your investment, report any wrongdoing or scams to these organizations.