Financial fraud is real and can be devastating. If you are a victim, you may be coping with the aftermath of a compromised identity, damaged credit and financial loss, and a painful range of emotions including anger, fear and frustration. You are not alone. Recent FINRA Foundation research found that nearly two thirds of self-reported financial fraud victims experienced at least one non-financial cost of fraud to a serious degree—including severe stress, anxiety, difficulty sleeping and depression.
If you believe you have been a victim of fraud, it’s important that you report the incident to the right organizations. Reporting the crime, no matter how small, helps law enforcement, regulators and government agencies put a stop to the fraud, prevent the victimization of more consumers and pursue the criminals.
To assist you, the FINRA Investor Education Foundation and the National Center for Victims of Crime created these free checklists covering four major areas of financial fraud—identity theft, investment fraud, mortgage and lending fraud, and mass marketing and other fraud—to provide step-by-step guidance to help you reclaim power from the fraudsters and move forward toward recovery.