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Simple English definitions for legal terms

Investor Protection Guide: Internet Fraud

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A quick definition of Investor Protection Guide: Internet Fraud:

The Internet can be a helpful tool for investors, but it can also be used by bad people to trick investors into giving them money. These bad people can make fake websites, post lies on message boards, or send emails that look real. They might even make up stories to make a company's stock price go up, and then sell their own shares for a profit. This is called a "pump and dump" scheme. Investors should be careful and not believe everything they see online. They should only trust information from reliable sources, like the SEC's EDGAR website. To learn more about how to avoid online investment fraud, check out the links from the SEC, FBI, and USDOJ.

A more thorough explanation:

Internet fraud is when someone uses the internet to trick people into giving them money. The internet is a great tool for investors, but it's also a great tool for fraudsters. They can use websites, online bulletin boards, chat rooms, and emails to reach thousands of people and make their scams look real.

One common scam is called "pump and dump." This is when someone spreads false information about a company to make its stock price go up. Then they sell their own shares at the higher price, leaving other investors with worthless stocks.

To avoid falling for internet investment fraud, investors should be careful about where they get their information. They should never rely solely on unsolicited information from online sources. Instead, they should research companies using legitimate sources like the SEC's EDGAR database.

For example, a fraudster might create a fake investment newsletter and send it to thousands of people. The newsletter might claim that a certain company is about to make a big breakthrough and its stock price will skyrocket. But in reality, the company is a scam and the fraudster just wants to trick people into buying its worthless stock.

Another example is a fraudster who creates a fake website for a real company. The website might look just like the real company's website, but it's actually a fake. The fraudster might use the fake website to promote a fake investment opportunity and trick people into giving them money.

These examples illustrate how fraudsters can use the internet to trick people into investing in fake companies or buying worthless stocks. Investors need to be careful and do their research before investing any money.

Investor Protection Guide: Equity-Indexed Annuities | Investor Protection Guide: Investment Newsletters

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
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JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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