Natural disasters such as wildfires, floods and hurricanes often give rise to investment scams. These scams can take many forms, including promoters touting companies purportedly involved in cleanup and recovery efforts that falsely guarantee high returns, and Ponzi schemes where new investors' money is used to pay money promised to earlier investors. Fraudsters may try to take advantage of investors who receive lump sum insurance payouts.
Thinking About Investing in the Latest Hot Stock?
Read our investor alert on the significant risks of short-term trading based on social media.
What’s A SPAC?
Have you heard the term SPAC (Special Purpose Acquisition Company) referred to in financial or other news? Learn more about SPACs in our Investor Bulletin
Know the risks of day trading
Read this Director’s Take article to understand the risks of engaging in this type of speculative investing.