On June 27, 2016, the Securities Exchange Commission (SEC) has issued an alert for investors to be careful with any communications seemingly sent from the SEC. Government impersonators are targeting victims of previous frauds.
These impersonators are sending official-looking documents to investors, often claiming that they can help the investor recover their investment-related losses. But, of course, the investor must pay a fee first. Usually, this fee is disguised as some sort of tax, deposit, or refundable insurance bond that the investor must pay. Read More…