Top Ten list of investor traps - KWWL - Eastern Iowa Breaking News, Weather, Closings

Top Ten list of investor traps

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WATERLOO (KWWL) -- There's a new list of top ten investor traps out, and it comes from the North American Securities Administrators Association.

Some of the biggest schemes investors need to watch out for include green energy schemes, that use the pull of efficient energy technologies.

Affinity fraud, where con artists pitch to a crowd of like minded people.

Off the books deals, where investment advisors offers special side deals only available to his best customers.

And online pitches that come to you by email or on social media unsolicited.

Analysts say many of the victims are trying to recover losses.

Online Anchor: Sunny Layne

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