Officials warn seniors they are high risk for fraudulent investment opportunities

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  • My2Cents Taylorsville, UT
    Oct. 6, 2012 4:48 a.m.

    They are not as high a risk as state workers and agency heads who squander hundreds of millions of dollars in fraud and scams on a daily basis that government tends to deny as relevant and tolerable for big business organizations.

    This story does very little to prevent these scams for the elderly out of the loop of government policy. When government it promoting it and pretending it as normal form of business, opt out accountability are responsible for their existence.

    Fraud is a part of everything in daily life from police, fire, mayors, councilmen, and TV programming and advertising. Beware is a matter of the state of greed by the victim and the snake man. Greed and promises are always the core of fraud, being happy with what you have is the best fraud prevention. Society has been brainwashed to believe investing is safe and reliable and promising.

    The fact is, investing is the fastest path to poverty and never is safe with retirement funds, Wall Street, Health care Insurance, education, welfare, or government dependence. If an investment is not delivered tangible asset on payment, then its fraud.