Don't
Get Scammed On The Net
The
World Wide Web offers an almost endless array
of investment opportunities. However, you
should be aware that some of these authentic
looking opportunities might not be legitimate.
As always, it pays to be cautious before investing.
The
North American Securities Administrators Association
offers these tips to give scammers the boot:
"Don't
assume that your on-line service screens investment
claims.
"Steer clear of seldom-traded stocks
that are hyped on-line. Swindlers will post
multiple "alias" messages to spark
a buying frenzy and send the price of the
stock skyrocketing - artificially, of course.
"Insist on getting printed information
before investing. Never buy anything based
only on what you pull off the Internet.
"Never give your address, telephone number
or credit card number to a stranger over the
Internet.
"Make sure any investments you're considering
are registered with the proper regulatory
agency. If they're not, they cannot be sold
to you legally.
"Don't assume that the person touting
the investment is whom he or she claims. To
sell, the person must be registered with your
state's securities agency.
For
more information, write to NASAA at 10 G.
Street, N.E., Suite 710, Washington D.C. 02002
or visit their website at www.nasaa.org.
Questions
and Comments are Welcome, please feel free
to e-mail
or phone.
Larry
Cavalena
Registered Principal