As an investor, your task is to sort out those investments that have the greatest potential in order to meet your personal goals. The sales pitch will change with the times depending on what scammers think investors will buy. The primary goal of the Securities Division of the Office of the Attorney General is to protect South Carolina investors from fraud and misrepresentation and ensure as fair a market place as possible for the trading of securities in our state. Before you send money to anyone, you should investigate the company making the recommendation, the salesperson, and the investment opportunity by asking questions and checking references. The following is a list of the more familiar scams.
Many scams are a combination of techniques.
Be prepared to deal with investment scam artists. Spectacular profits are promised. High-pressure sales tactics are used. The caller is insistent on an immediate decision, or offers to have a courier driver in your area to stop by your home and pick up your check within minutes of the call. Investment is promised to be guaranteed or without risk.