Watch Out for Scams!
Scams and schemes designed to take advantage of investors abound. Work with a securities broker dealer who can provide offerings from sponsors that they know. Due Diligence is important!
The Securities and Exchange Commission (SEC) website mentions some general ‘red flag warnings’ of possible scams:
- Use of highly publicized news to lure investors into a ‘can’t miss’ opportunity.
- Unsolicited materials - ignore junk faxes, emails or voicemails. Some offerings are sold under regulations not allowing general solicitation (Regulation D private placements).
- High pressure sales tactics could be a red flag.
- Never let a promoter discourage you from talking to your attorney, CPA, or other trusted advisors. You should be encouraged to consult others.
This is not an offer to buy or sell any security. Securities are only offered by PPM to accredited investors. Investments are highly speculative, subject to up-front fees and expenses that may impact investor returns and outweigh the tax benefits, are generally illiquid, the stated investment objectives may not be met, appreciation and income are not guaranteed and there is the potential for the loss of principal invested.