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Older adults are often a target for investment and telemarketing scams.
Seniors Against Investment Fraud (SAIF), an educational campaign of the
California Department of Corporations (DOC), provides information to help
protect older adults from investment fraud.
An information packet about SAIF
is available on the DOC web site by going to
www.corp.ca.gov/saif/saif.htm and clicking on "Information Packet."
The packet includes descriptions of common investment scams and tips to help
prevent older adults from becoming victims. The packet also recommends
calling the DOC's toll-free telephone number (1-866-ASK-CORP) before
purchasing any financial product. Additional information about SAIF and
links to more information about preventing investment fraud are available on
the same web page.
February 2004
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