College students are easy prey for fraudsters. Most of these young adults are away from parental supervision for the first time and, although they may be mature enough to live on their own, their naiveté can make them particularly attractive targets for fraudulent schemes and other abuses.
Denial. Anger. Depression. There is no typical response to financial loss due to fraud, but this article may help you understand why you selected a particular investment or even allow you to spot a scheme before it’s too late.
Millions of investment transactions take place every day in the U.S. and investors often use brokers to manage their investments. Brokers—either firms or individuals—make their money from commissions. With the amount of activity and money being invested daily, there is bound to be a high potential for a broker to defraud or otherwise take advantage of investors. What recourse do investors have when their brokers mismanage the investments (often for their financial gain)?
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