Facebook-linked pre-IPO scams – official warning

FINRA.org – The Financial Industry Regulatory Authority (FINRA) has issued a warning about scams that purport to offer investors’ access to pre-IPO shares of well-known social media companies, including Facebook. Seizing upon investor demand for shares of the private stock of high-profile companies, the con artists behind these scams are swindling the public by peddling […]

Tax Scams – Beware!

IRS.gov – The IRS wants taxpayers to be aware of tax scams. These scams are illegal and can lead to problems for taxpayers including significant penalties, interest and possible criminal prosecution. The schemes take several shapes, ranging from promises of large tax refunds to illegal ways of “untaxing” yourself. Here are three important guidelines to […]

Avoid phishing scams, recognize fake IRS emails

IRS.gov – The IRS receives thousands of reports each year from taxpayers who receive suspicious emails, phone calls, faxes or notices claiming to be from the Internal Revenue Service. Many of these scams fraudulently use the Internal Revenue Service name or logo as a lure to make the communication more authentic and enticing. The goal […]

Scam-a-lot: The Worst Con Jobs Are Yet To Come

Scams to come… by Larry Edelson I’m going to discuss a few things that hardly anyone is warning you about. Yet, they’re so important, they simply cannot be overlooked. To do so would be foolhardy. But first, a quick update on what I’m seeing in the markets … A. The broad stock markets are now […]

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