Red flags that indicate fraud include representations of little or no risk and promises or guarantees of high returns on the money invested, particularly, over short periods of time. Other warning signs include high-pressure sales techniques such as limited time offers or representations that the investment is an opportunity of a lifetime. If it sounds too good to be true, it probably is.
Before investing, research, on your own, the company’s business, its products or services, and its current financial information. Do not invest in products that you do not understand. In addition, research the person who contacts you about investing to learn if he or she is registeredThis is a filler definition. under the Oklahoma Securities Act and whether any regulatory actions have been taken.
If you think you have been involved in a questionable investment opportunity, contact the Oklahoma Department of Securities.