Did you know that fraud and financial abuse schemes targeting older adult investors cost victims at least $2.9 billion annually?* If you’ve worked a lifetime to provide for yourself and your family, don’t let a scam artist steal it from you. How can you help protect yourself?
Fraudsters want you to act quickly so that they can steal from you and then move on to their next victim. Even if a caller or letter appears to be from a legitimate agency or company, take the time to check out the situation independently before you pay money or give out personal information.
Be wary of investments that offer big returns for little or no work. Conduct your own research by understanding the investment’s risks and the company’s history. Talk to family or friends before making important decisions regarding your finances.
If you believe you’ve been the victim of fraud involving your Edward Jones accounts, contact your financial advisor right away. For more information on fraud, visit our fraud awareness and prevention site or the Federal Trade Commission’s site at www.ftc.gov.
*Source: U.S. Department of Justice.