HPD Corner

Prepare Yourself
    Maine is a great place to live, with all it has to offer and its quality of life. We who live here are proud of our state, and don’t mind telling the rest of the country just that. Unfortunately Maine like the rest of the country is being flooded with “SCAM’s”, and these people don’t mind making the easy dollar at our expense. Through education and preparing our selves, we are getting better at spotting scams.
    Here are a few tips on how to spot investment scams.
    • Promises of spectacular profits (If it sounds to good too be true, it probably is)
    • High-pressure sales tactics
    • Insistence on an immediate decision
    • Recommendations based on rumors, tips, inside information or unannounced break through.
    • A request for your credit card number for “Identifying,” “Verification,” or as an “Expression of good faith”.
    • Unwilling to provide written product information, registration or licensing information, or verifiable references.
    • A suggestion that you invest on the basis of trust.
    • Unwilling to let you discuss the investment with a third person.
    • Claims that the investment is not a security.
    For more information on scams, please contact the State of Maine Securities Div. At (Toll-Free) 1-877-624-8551.