Tag: investment scam
-
Double Whammy: SEC Warns Against Swindlers Preying on Scam Victims
SEC Alerts Public to Double-Whammy Recovery Scams The Securities and Exchange Commission (SEC) has issued a strong warning about a troubling pattern where self-styled “recovery” or “advance-fee recovery” outfits target individuals who have fallen victim to investment scams. These schemes mimic legitimate assistance but are designed to defraud victims a second time by demanding upfront…