40 per cent of investor fraud happens over the phone so, consumers should be wary of those calling and asking you to part with your money.
The New Brunswick Securities Commission wants consumers to avoid the traps some investors fall into.
Rick Hancox tells CHSJ News you should know what it is you are buying. He suggests people do their homework and check out companies seeking investment on thier website.
For more information, http://www.nbsc-cvmnb.ca/nbsc/news_content_display.jsp?news_id=234&id=24&pid=4
or call 1-866-933-2222.