top of page
  • Writer's pictureGibbs & Sellers

Securities Commission issues fraud advisory

While there are risks involved in investing, many investors enjoy that risk. If they take a chance on a certain investment, and the payout is significant, and the satisfaction can be even greater because the risk paid off.

Nonetheless, there are other risks associated with investing, and some of the most dangerous of these are associated with the conduct of others. When brokers misrepresent information or commit securities fraud, they induce investors into taking chances they should never have taken.

According to recent reports, the Alabama Securities Commission issued an investor awareness advisory. In this advisory, information regarding affinity fraud was provided as a means to help investors understand this type of fraud and how best to avoid it.

Affinity fraud is a type of fraud that occurs most often in places of worship, at country clubs, professional organizations, online forums, tight-knit ethnic or immigrant communities and other places where people gather because of their shared beliefs, interests or goals. These shared beliefs or interests create trust among the members and, when fraudsters join these groups, they build the trust of the members to invest in schemes or phony projects as a means to line their pockets and leave their investors broke.

Falling victim to securities fraud is a challenging situation to be in. It can be confusing and emotional. However, it is very possible to work through these matters and protect one’s legal rights. A legal professional can help one understand their situation, as well as their rights when it comes to taking action after suffering harm due to securities fraud.

Recent Posts

See All

The common signs of securities fraud

We are constantly told the importance of making investments, as it could be crucial to the financial stability of one’s future and the future of their loved ones. However, when one is not fully versed

Securities fraud basics

Securities fraud can result in serious consequences for both those accused of securities fraud and those who have been otherwise impacted by securities fraud. Understanding securities fraud basics is

Examples of insider trading

Allegations of insider trading are serious criminal allegations that accused individuals should take seriously. That is because they can result in serious criminal penalties and consequences for accus


Contact Us Today for a
Free Case Evaluation & Consultation

To learn more about how we can help and your legal options, call us at 334-289-2255, or send us an email now. We represent wrongful death clients in Marengo, Perry, Hale, Wilcox, Dallas, Sumter, Greene, and Clarke counties.

While this website provides general information, it does not constitute legal advice. The best way to get guidance on your specific legal issue is to contact a lawyer. To schedule a meeting with a wrongful death lawyer, please call or complete the intake form.

How would you like to be contacted?

Disclaimer: The use of the internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

bottom of page