Protect your Stock Investment Accounts From Scams that Will Rip You OffStock Market Fraud "Survivor" ChecklistInvestor enthusiasm for the Internet has created tremendous financial opportunities in recent years –
for stock market fraudsters! That's because they often use the Internet to lure innocent investors into their scams.
But you can survive stock market fraud and avoid becoming a scam victim if you follow these steps recommended by the SEC before you invest:
Be Skeptical When you see a stock hyped on the Internet, consider it a scam until you can prove it's legitimate through your own independent research.
Consider the Source: Remember that the people touting a stock may be company insiders or paid promoters who stand to profit at your expense.
Independently Verify Claims: Don't rely solely on claims by companies or promoters about new product developments, lucrative contracts, or the company's financial health.
Beware of High Pressure Pitches: Watch out for promoters who pressure you to buy before you have an opportunity to fully research an offer.
Research the Company: Always ask for – and carefully read – the company's prospectus and current financial statements.
Confirm Registration: Check the SEC's EDGAR database or your state securities regulator to make sure the company is properly registered or legally exempt from registration.
Let's be careful not to repeat the investing mistakes of the late nineties Dot-Com boom. The extent of fraud during that era was far-reaching. For some of us the mere mention of names like Enron, Healthsouth, Worldcom, or Tyco brings back feelings of horror. Sadly, many millions lost money, and several thousands lost their life savings.
Who Is Bill Poulos and Why He Is Not Scam?
Bill Poulos has been trading the markets since 1974. He's a retired automotive executive who holds a bachelor's degree in Industrial Engineering, and a Master's degree in Business Administration, with a major in Finance.
In his over 30 years of trading experience, Bill has developed dozens of trading systems and methods. In 2001, he formed Profits Run, Inc. to impart his trading experience and wisdom to others so they could shortcut their learning curve and ultimately potentially skyrocket their earnings in the markets.
Bill now has thousands of students all around the world, from all walks of life, and at all experience levels. He prides himself on providing honest and realistic trading education, and is known for the continuous and ongoing support and follow-up he offers his students.
His partner in
Profits Run is his son, Greg, who is responsible for marketing and all technical support. In addition, Bill also has a full-time operations staff to ensure his trading education is delivered and supported in a high-quality and timely manner.