Investor Fraud Study Final Report -
May 12, 2006
Prepared for WISE Senior Services and
the NASD Investor Education Foundation by
The Consumer Fraud Research Group

Fighting Fraud 101 -
We’ve all heard the timeless admonition, “If it sounds too good to be true, it
probably is”—great advice, but the trick is figuring out when “good” becomes
“too good.”There’s no bright line. Investment fraudsters make their living by
making sure the deals they tout appear both good and true.