Appendix:
Useful Resources

 

The next time you are tempted by a fantastic investment opportunity, evaluate it against the Ponzi checklist below. If you check off even one of the items listed below, think twice about investing.

This checklist also holds true for any investment. Never hand over your money without first comparing your potential investment against this list.

 

Ponzi Checklist

  1. 1. Unusually High Returns
  2. 2. Constant Returns over Long Periods
  3. 3. Significant Returns over short period of time
  4. 4. Time-limited or Sense of Urgency
  5. 5. Unregistered Investments
  6. 6. No Prospectus
  7. 7. Unlicensed Sellers
  8. 8. Secretive or Complex Strategies
  9. 9. Foreign-based
  10. 10. Difficulty Getting Payment
  11. 11. Exclusivity
  12. 12. Incentives to Reinvestment
  13. 13. Difficulty Reaching Seller
  14. 14. Unqualified or inexperienced employees

 

Investor Protection and Other Resources

There is a wealth of investor protection and fraud awareness information on the Internet. Below are just a few of the government agencies and nonprofit organizations who provide fraud tips, alerts and interesting case histories.

 

United States

U.S. Securities and Exchange Commission

www.sec.gov

Check the investor tools section

Financial Industry Regulatory Authority

www.finra.org

www.saveandinvest.org/fraudcenter/

Financial Fraud Enforcement Task Force

www.stopfraud.gov

Federal Bureau of Investigation

www.fbi.gov

See Scams and Safety tab

 

North American Securities Administrators Association

www.nasaa.org

See the Top Investors Threats section

Association of Certified Fraud Examiners

www.acfe.com

See the Fraud Resources section

Canada

B.C. Securities Commission

www.befraudaware.ca

www.investright.org

 

Ontario Securities Commission

www.osc.gov.on.ca/en/investors

 

The Canadian Foundation for Advancement of

Investor Rights

www.faircanada.ca

See Investor Resources section 

Canadian Securities Administrators

www.securities-administrators.ca

 

RCMP

www.rcmp-grc.gc.ca/scams-fraudes/inv-fra-eng.htm

Information on investment and securities fraud

 

Association of Certified Forensic Investigators of Canada

www.acfi.ca