Consumer Fraud (Tips for investment decisions)

Don't rush into making purchases or investment decisions. Take your time.

Dear New Yorker:

Now more than ever, consumers need to educate themselves in ways to avoid being scammed by con artists and dishonest businesses.

This card contains information that consumers can use to be armed and to beware -- of common consumer scams.

If you would like more information on ways to protect yourself from fraud, please call or write:

                                          Office of the New York Attorney General
The State Capitol
Albany, New York 12224


Always carefully read through contracts;

Resist high pressure sales tactics. If something sounds too good to be true, it probably is.

Beware of unsolicited phone offers -- don’t be afraid to hang up on telemarketers that are rude or pushy.

Use care when giving out personal information such as bank account or Social Security numbers; never give out that information to people you don’t know.

Get written estimates.

Ask about refund policies and warranties before you buy.

Prepare a list of questions in advance when considering a major purchase.

Call the Better Business Bureau to find out about a firm’s track record.