DFI Unveils Top Ten Investor Traps of 2010
Low savings account interest rates and weakened stock portfolios have led to individual investors becoming more susceptible to investment scams according to the Wisconsin Department of Financial Institutions (DFI). Schemes involving current events like the oil spill disaster in the Gulf of Mexico and foreign exchange promotions that often are Ponzi schemes in disguise are two of the Top Ten Investor Traps of 2010 released by DFI. Financial deals that seem to use valid practices that deliver too-good-to-be-true results are often hallmarks of the latest trend in investor traps. For the complete Top Ten list and more information, click the link above.