In this day and age financial scam artists are everywhere and try every trick in the book to find ways to get your hard earned money.
Michael Herndon is a consumer outreach officer at the U-S Commodity Futures Trading Commission says it isn’t uncommon for even the seasoned investor to get scammed. From 2010 to 2013, financial fraud affected more than 30,000 Nebraskans and other Americans who lost about $1-billion. Herndon talks about the most common scam.
Herndon says the U-S Commodity Futures Trading Commission has a new website that offers easy access to free tools and information that smart investors can use to check the background of financial professional. The information and services are at no charge to the public.
You can find more information by logging on smartcheck.cftc.gov.