CLEVELAND — The Ohio Department of Commerce’s Division of Securities is sounding the alarm about an increased prevalence of investor scams.
Good Morning Cleveland anchor Mike Brookbank spoke to Janice Hitzeman, an Attorney Inspector at the Division of Securities, about the financial fallout from investment scams. Investors should be cautious of unsolicited communications through social media platforms, overly complicated investment opportunities, and offers that seem too good to be true. Consumers should also request information about the investment and research the company before moving forward.
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