Business Investment Scams
Tempted by those ads for business or investment seminars that promise to make you rich quick? Heres a hint - someone will definitely make money, and the Federal Trade Commission says it will probably be the seminar huckster who takes yours. Dont let concerns about feathering your retirement nest cloud your good judgement. If you plunk down money to buy into a "business opportunity" at a seminar - particularly one accompanied by high-pressure sales tactics - you may find that the products and information you purchase are worthless. Typical scams focus on how to buy and sell real-estate, operate a home based business or invest in foreign currencies. Check out the FTCs new brochure - The Seminar Pitch: a Real Curve Ball. Its available free on the agencys web site at http://www.ftc.gov or by calling 202-382-4357.
Resource: Kiplingers, "Managing Money," Oct. 1998
[ Home | Your Money | Get Organized | Tightwad Tidbits | Living Better | Safety & Privacy | Buyer Beware | Kids & Money | About CEU | Search ]
|Web site coordinators:
Last updated: March 09, 2005
|Web site established
University of Missouri Extension does not
discriminate on the basis of race, color, national
origin, sex, religion, age, disability or status as a Vietnam-era veteran in employment or programs.