"World Progress Report" Helps Consumers Recognize Ponzi Scam Tactics

World Progress Report provides educational content that helps investors identify a Ponzi scam.

2010-09-22

BOCA RATON, FL, September 22, 2010 (Press-News.org) In the investment world, there are often opportunities to utilize your resources in order to advance your capitol gains, whether it's through business investment, stock trading, or even in an investment on the micro-level. While these resources are great for Americans, there are fraudulent and damaging schemes out there that threaten your wealth should you choose to invest in them.

A Ponzi scam is one of the most prevalent investment frauds in today's society. By paying off new investors with high percentage "gains" utilizing the monetary support of previous investors, the pyramid-like scheme can grow rapidly, but will almost assuredly collapse, leaving your money unaccounted for. There are some easy ways to make sure an investment opportunity that has presented itself isn't one of this nature.

First off, make sure you do a background check on an individual or business you plan on investing with. If there are potential questions about their investment strategy, it would be unwise to invest capitol in them. Also make sure you have legal counsel to review investment contracts to assure they are of sound legal worth.

Most importantly, World Progress Report wants to make sure that investors do their homework prior to making a decision on investments. The program will be working with partners to provide information on sound, safe investment opportunities that can help consumers avoid any and all variations of Ponzi schemes.

*World Progress Report and its programming are not affiliated with PBS. Our programs are independently produced and distributed to Public Television affiliate stations nationwide.

About World Progress Report:

World Progress Report is a compelling series distributed to Public Television nationwide. Hosted by Joan Lunden, each program is specifically designed to educate the public on the latest issues impacting our society today. For more information, please contact us at (772) 237-8518 or visit us on the web at www.worldprogressreport.com.

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"World Progress Report" Helps Consumers Recognize Ponzi Scam Tactics

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