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Beware of Fraud

Forget Y2K. The biggest threat to your finances in the new millennium comes from simple fraud. And the explosion of online investing and investment advice has provided a powerful new tool for scam artists looking to separate you from your money. For tips on how to spot and avoid cyberspace investment scams, please read this fact page from the SEC. It catalogs a variety of popular scams, from "Pump and Dump" to The Pyramid to off-shore frauds. There are also links that allow you to to report online frauds or contact the proper investigative authorities. The Web can be a great resource for investors. Just make sure you arm yourself with the facts you need before you start surfing.

Mon, 27 Dec 1999 05:08:34 -0800