The Colorado Division of Securities, part of the Department of Regulatory Agencies (DORA), is warning the public that there has been an increase in pop-up scams involving securities accounts in 2020. A “pop-up” is a window that pops up suddenly over another window on a computer. Pop-up scams often include a “spoof” or hoax website that the scammers created to look legitimate. When an unsuspecting consumer visits the website, the site triggers a pop-up that directs the consumer to the scam.
Consumer Advisory: Isolation and loneliness during the COVID-19 pandemic may leave seniors vulnerable to investment fraud
In recognition of World Elder Abuse Awareness Day (WEAAD) in the month of June, Colorado Securities Commissioner Tung Chan and Division of Securities, part of the Department of Regulatory Agencies (DORA), remind financial professionals and the public throughout Colorado that heightened isolation and loneliness during the COVID-19 pandemic have created a perfect storm for senior financial exploitation.
The Colorado Division of Securities, part of the Department of Regulatory Agencies (DORA), is warning the public that there has been an increase in investment schemes luring people to invest based on false promises that a company has produced an effective vaccine or treatment for COVID-19. Other scams include solicitations for investments in companies falsely promising to make a profit on N95 masks, other scarce medical protective equipment, ventilators, and test kits. These companies often promise big returns.
The Colorado Division of Securities (the “Division”) within the Department of Regulatory Agencies (DORA) is providing guidance to State-licensed Investment Advisers (Advisers) who received or are considering applying for a forgivable loan under the Paycheck Protection Program (PPP).
2nd Annual Securities Workshop Postponed
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