New Campaign Helps Older Investors Fight Back Against Fraud By Teaching Them How to Spot and Resist Persuasion Techniques, "Ask and Check" Before Making Financial Decisions
FINRA Investor Education Foundation, AARP and Florida Financial Regulators Offer Free Training and Tools to Help Investors Avoid Falling Victim to Fraudsters
Orlando, FL — A comprehensive new pilot program is underway in Florida to reduce the incidence of investment fraud among older investors. The program features hands-on training and online resources at SaveAndInvest.org/55Plus, developed by the FINRA Investor Education Foundation in partnership with AARP and the Florida Office of Financial Regulation, to teach investors ages 55 and older the tactics commonly used by fraudsters and the simple steps every investor can take to reduce their risk of being defrauded. The Villages, FL is one of two communities specially selected to pilot this program, which will rollout nationally in the coming months.
"This is a top issue for our members and their families," said Jean Setzfand, Director of Financial Security for AARP. "By asking key questions and taking simple steps, older investors can turn the tables on potential fraud and carry the message on to their friends and family." On May 6, 2008, The Villages Lifelong Learning College will host the FINRA Investor Education Foundation and its partners for a free investor forum and lunch at Colony Cottage Recreation Center. Seating is limited, so advance registration is required. To register and for additional information, call The Villages College at 753-3035 course number 352-236-1101, or visit www.SaveAndInvest.org/55Plus. Additional interactive workshops will be presented through The Villages College throughout the months of May and June.