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DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS DAVID Y. IGE GOVERNOR CATHERINE P. AWAKUNI COLÓN DIRECTOR TY Y. NOHARA SECURITIES COMMISSIONER FOR IMMEDIATE RELEASE April 1, 2019 State Hosts 13th Annual Financial Literacy Fair in Downtown Honolulu HONOLULU – The Department of Commerce and Consumer Affairs (DCCA) Office of the Securities Commissioner will host the 13th ...
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April 2019

Posted on Apr 1, 2019 in Commissioner's Corner

TIP: A Ponzi scheme is an investment scam that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, rather than engaging ...
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