Kristin Murnahan and Graham Loomis, SEC Trial Counsel, take you through a recent investment scheme case highlighting red flags and fraud tactics. The case involves variable annuities, federal employees, a 401(k) plan, questions, consequences, and more. 0:00 - Intro, case and deceptive elements overview, & disclaimer 4:25 - Misleading use of federal symbols/branding 7:58 - Misleading company name 11:15 - Use of official sounding titles 14:19 - Use of misleading email address 15:59 - Misleading use of official forms 20:47 - Efforts to create urgency 22:26 - Consequences of the deceptive scheme For additional SEC videos, please visit @USSECGov For additional TRS videos, please visit @trsgeorgia #fraudprevention #fraud #financialeducation Follow us on our TRS social media channels: (Listen to the TRS podcast - Your Retirement in Focus)... ( read more )
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Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)