BBB Offers Free Investment & Scam Prevention Training

Would you be shocked to hear that the typical victim of investment fraud is a 55-65 year old, college-educated, professional, financially savvy and self-reliant married male? That is true, but it also highlights that we are all at risk…anyone with any money is bound to hear from a fraudster at some point.

Which is why the BBB is offering free training that can help protect consumers by recognizing how investment fraudsters operate and by reporting suspicious sales pitches and actual scams.

The BBB was recently awarded a grant from the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation to deliver educational training programs on investment fraud & scam prevention that can be given to any group, business or organization at any size, at no charge.

The seminars can be delivered to virtually any group interested in learning how to protect their assets, including businesses, chambers of commerce, non-profit organizations, schools, senior centers and more.

Events will be tailored to the each audience however, in general, the objectives include teaching attendees:

  • The ‘Psychology’ of Scams

  • Common Tactics used by Scammers

  • Victim Demographic Trends and Key Risk Factors

  • Persuasion Tactics of Scammers

  • Assessment of Participants’ Personal Risk Level

  • How to Prevent Fraud and Protect Yourself and Your Family

If you are interested in receiving Investment Scam Prevention Training with the Better Business Bureau or have any questions, please contact Lisa Dilg, Director of Community Relations, at ldilg@easternmichiganbbb.orgor (248) 799-0326.