Securities Division, 3rd Floor
Arizona Corporation Commission
1300 W. Washington St.
Phoenix, AZ 85007
Main: (602) 542-4242
Toll-Free Number in Arizona:
1-(866) 837-4399
Email
SecuritiesDiv@azcc.gov
The complex world of securities offers many investment opportunities. Investors are showered with calls, mail-order offers, and solicitations via the Internet. Some of these opportunities may be beneficial, others may not be. Make sure the entity and person who makes these offers is legitimate. No matter how you choose to invest your money, there will always be a degree of risk. The higher the return potential, the higher the risk of the investment. An informed investor is the best protection against securities fraud. Scam artists prey on people who don't ask many questions and take the time to understand the "mechanics" of a particular investment. Know how to recognize fraud and reduce the possibility of falling victim to an investment scam.
Investments that are marketed as "proven" or "guaranteed," are often the product of a scammer’s imagination. Avoid them at all costs. Every year investors lose millions of dollars in financial fraud. There are a number of very persuasive and persistent marketers who are engaged in promoting schemes or scams that promise quick profits. Telephone offers account for three quarters of all investment fraud. These scammers are smooth talkers and are willing to gamble with almost any kind of investment. Scammers master these techniques perfectly, have them well rehearsed, are very convincing, and it may be difficult to resist them.
The best protection against these fraudsters is to be an informed investor who investigates before handing them money. And remember, if it sounds too good to be true, it’s probably not a legitimate business. Scammers take advantage of people who don’t ask many questions and take the time to understand the "mechanics" of a particular investment. Know how to recognize fraud and reduce the possibility of being a victim of an investment scam.
First, make sure you get proper written information such as a prospectus or offering materials before you buy. The documentation should contain enough clear and accurate information to allow you or your adviser to evaluate and verify the particulars of the investment. Most importantly, ask and check on the investment promoter's background--make sure that person is licensed to offer and sell investments in Arizona and does not have a disciplinary history with regulators.
But con artists are skilled liars and can make a fraudulent investment look and sound legitimate. How can you tell the difference? Take note of the following fraud prevention tips on how to ask the right questions and verify the answers before you invest:
Protect Yourself Against Investment Fraud
16 Questions That Can Turn Off a Swindle
How to Ask and Check Before You Invest
Check here to sign up for Consumer Alerts from the Corporation Division. To receive alerts for your business register at eCorp.azcc.gov.Please call 602-542-3026 with questions for the Corporations Division.
Check here to sign up for Notices and Agendas for Commission Meetings, Hearings and Appearances.Please call 602-542-3931 with any questions.
Check here to receive the latest Commission News Releases and information. Please call 602-542-0728 with any questions.