Posted by Kathy Bazoian Phelps
The roundup of Ponzi scheme news posted here each month highlights how pervasive Ponzi schemes have become and the enormous loss that are suffered by victims.
It is not the investors’ fault that they get enticed to part with their retirement savings or other hard-earned assets. Still, investors can and should do more to protect themselves. They can arm themselves with specific techniques and question to ask in fighting against the lure of the perpetrators’ convincing sales pitches and promises. It takes more than mere trust to properly and fully vet an investment opportunity.
At the risk of sounding like a promoter, I want to let you know that on August 13, 2014, the Kindle version of my book, Ponzi-Proof Your Investments: An Investor’s Guide to Avoiding Ponzi Schemes and Other Fraudulent Scams, will be on sale for $.99 on Amazon. “One day only.” “Buy now.” “It’s a deal too good to pass up.”
Also, feel free to listen in to Women’s Radio Network on August 13, 2014 at 1:12 p.m. PDT to hear me talk about the book and the importance of due diligence in shifting the balance of power from the perpetrator to the investor. You can listen live at: http://www.wrnw1.com/.