Senior investors are especially vulnerable to investment fraud. Con artists know whom to target and how to get people to fall for their scams. Among these scams, Ponzi schemes have been particularly prevalent over the years. You can read more about these schemes in our article, How to Recognize a Ponzi Scheme.
Scams aren’t the only way that senior investors lose their money. Sometimes they suffer financial loss at the hands of their broker. For example, a broker may recommend investments that are unsuitable or may place money in products that tie up the investor’s money for years.
We have written extensively on how to protect yourself from investment fraud. You can learn more by reading the following articles:
If you believe that you have been the victim of investment or broker fraud, contact one of our experienced investment fraud attorneys by calling or filling out our online form.