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 sums of money in advance in the hopes of realizing a much larger gain.



Related Investor Education Handout

Hawaii’s Fraud
Prevention & Resource Guide
2nd Edition (PDF)

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Click here to download