Free movie with the BBB
Photo: Video by IdahoOnYourSide.com
Anyone can be a victim of fraud -- even Supreme Court Justice John Roberts (that really happened). That's the topic of the movie "Trick$ of the Trade," which the BBB is showing free at the Flicks. The movie is at 5:30 on Monday April 1st, and is free to the public.
From the BBB:
Recent research has shattered the stereotype of investment fraud victims as isolated, frail
and gullible. Do you know anyone who meets the following description?
• Self-reliant when it comes to making decisions
• Above-average financial knowledge
• Above-average income
• Experienced a recent health or financial setback
• Open to listening to new ideas or sales pitches
If so, you know someone who fits the profile of an investment fraudster’s prime target.
Better Business Bureau is partnering with FINRA – the Finance Industry Regulatory
Authority – to break the myths and help people see anyone with money and a desire to
have more money is a potential victim. Law enforcement doesn’t have the resources to stop
the bad guys – we all have to work together by saying no to the fraudulent deals. The best
way to say no is to be educated. Turn the tables and ask the questions. Go on the offensive. A legitimate investment professional must be properly licensed, and his or her firm must be registered with the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC) or a state securities regulator—depending on the type of business the firm conducts. In addition, with very few exceptions, companies must register their securities with the SEC before they can sell shares to the public. So, before you give out information about yourself:
• Are you and your firm registered with FINRA?
• Are you registered with the SEC?
• Are you registered with a state securities regulator? Which one(s)?
• Is this investment registered with the SEC or my state securities regulator?.