Tag: investor protection


  • Double whammy: SEC warns against swindlers preying on scam victims

    Double whammy: SEC warns against swindlers preying on scam victims

    SEC Warns of a Double-Edged Scam Targeting Victims The Securities and Exchange Commission (SEC) has issued a warning about a troubling class of schemes that pretends to help scam victims recover their lost funds, only to defraud them a second time. Known colloquially as “recovery” or “advance-fee recovery” scams, these operations exploit the vulnerability of…