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May 2018

Posted on May 1, 2018 in Commissioner's Corner

TIP: Don’t make any advance payments upfront based on the hope of getting a big windfall. Advance Fee Fraud is a scam where the victim believes paying an advanced fee will lead to a big payout. It is also known as a confidence trick, in which the target or victim is persuaded to send small ...
Read More May 2018

DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS DAVID Y. IGE GOVERNOR CATHERINE P. AWAKUNI COLÓN DIRECTOR TY Y. NOHARA SECURITIES COMMISSIONER FOR IMMEDIATE RELEASE April 2, 2018 State Hosts 12th Annual Financial Literacy Fair in Downtown Honolulu HONOLULU – The Department of Commerce and Consumer Affairs (DCCA) Office of the Securities Commissioner will host the 12th Annual Financial ...
Read More RELEASE: STATE HOSTS 12TH ANNUAL FINANCIAL LITERACY FAIR IN DOWNTOWN HONOLULU

April 2018

Posted on Apr 1, 2018 in Commissioner's Corner

TIP: Pyramid schemes cannot be sustained and always collapse eventually. Protect yourself and your money by steering clear of any ‘opportunity’ bearing warning signs of a pyramid scheme.   Related Investor Education Handout Pyramid Schemes (PDF) Click here to view Click here to download  

March 2018

Posted on Mar 1, 2018 in Commissioner's Corner

TIP: You plan your health, you know it’s wise to get enough exercise and eat the right foods. But when was the last time you planned for your wealth? Have you monitored the condition of your investments? It’s time for a wealth-care checkup.   Related Investor Education Handout Wealth Care Kit (PDF) Click here to ...
Read More March 2018

DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS DAVID Y. IGE GOVERNOR CATHERINE P. AWAKUNI COLÓN DIRECTOR TY Y. NOHARA SECURITIES COMMISSIONER   FOR IMMEDIATE RELEASE Feb. 3, 2018 IOLANI SCHOOL WINS THE 2018 HAWAII LIFESMARTS STATE COMPETITION HONOLULU – The team from Iolani School won the 14th annual Hawaii LifeSmarts state competition today.  The game-show style competition, ...
Read More RELEASE: IOLANI SCHOOL WINS THE 2018 HAWAII LIFESMARTS STATE COMPETITION

February 2018

Posted on Feb 1, 2018 in Commissioner's Corner

TIP: Con Artists are using social networks to establish connections with people who share similar interests or views. Download our Social Networking handout to protect yourself from fraud.   Related Investor Education Handout Social Networking (PDF) Click here to view Click here to download  

January 2018

Posted on Jan 1, 2018 in Commissioner's Corner

TIP: Never make an investment solely based on the reputation of or “friendship” with a member of a group to which you belong.   Affinity fraud refers to an investment scam that targets groups and uses the trust among group members to spread the fraud. Con artists leverage that network to gain trust, cloak themselves ...
Read More January 2018