Fraud Alerts

Adams County Sheriff’s Office Warns of Phone Scams

Adams County, Colo. – The Adams County Sheriff’s Office would like to warn the public of scams that occur this time of the year. We have again received several reports of a jury duty phone scam, similar to the IRS scam. Scammers are calling from a spoof caller ID system to make it look like […]

2017 Top Investor Threats

~ By Gerald Rome, Colorado Securities Commissioner ~ Every year securities regulators across the country take stock of the frauds and scams that are most prevalent among our cases. This helps us do our job more effectively, but it’s a good practice for investors to read up on the biggest threats in the market as […]

Colorado Attorney General and AARP Foundation Cautions Families about Fraud this Holiday Season

AARP Foundation Survey Finds Fraud and ID Theft Concerns on the Minds of Coloradans 50+ DENVER – Dec. 6, 2017 – As families gather this holiday season, they should consider a new topic for the dinner table. Fraud and scams can affect Coloradans of all ages and backgrounds. A survey report, recently released by AARP […]

“Good as Gold” Not Always True for Investments

~ By Gerald Rome, Colorado Securities Commissioner ~ Precious metals are a long-standing investment option that are often appealing to consumers, and that can cause headaches for regulators. An investment in gold is not fool-proof. It takes a lot of time, research, and knowledge to make the most of these types of deals, and unfortunately […]

Betting on the Future with Bitcoin

~ By Gerald Rome, Colorado Securities Commissioner ~ You may have heard about bitcoins and be wondering what they are, or you may know what they are and wonder if they might make a good investment. Let me answer the second question first: Are they good investments? The simple answer is NO! Well, if you […]

Don’t Bet the House

~ By Gerald Rome, Colorado Securities Commissioner ~ With the “on fire” real estate market in Colorado, and with housing supplies low and demand high, it is easy to become caught up in the idea that real estate investments are sure bets to make you money. However, don’t just roll the dice when investing in […]

Timeshare Resale Scams – Be protected by using these tips from the Colorado Division of Real Estate

The Division of Real Estate has received multiple calls regarding what appears to be timeshare scams targeting Colorado consumers, real estate brokers, and out-of-state consumers. In the current version of the scam, timeshare owners are cold-called, mailed or emailed solicitations from an unlicensed business entity purporting to be a full service property management company, real […]

Why We Have Military Consumer Protection Month

~ By Gerald Rome, Colorado Securities Commissioner ~ July is National Military Consumer Protection Month, and for anyone who has family members in the service, or who themselves served, it’s a great time for a refresher on the scams that target veterans. Particularly for those of us who may have family members currently in the […]

This Summer Keep your Lawn and Your Banks Account Green and Healthy

~ By Gerald Rome, Colorado Securities Commissioner ~ The Colorado legislature recently passed a bill making reporting of suspected elder financial exploitation mandatory for Colorado professionals who work for financial firms. If financial professionals see “red flags” of senior fraud, they now must report it to us. Regulators, law enforcement, and human services departments regularly […]

Senior Scams

~ By Tamra K Waltemath ~ I have had clients bring in letters from companies that offer to sell them a copy of the deed for their home for $89.00. These letters look very official. Multiple businesses send these letters, including Property Transfer Services, Record Transfer Services, Conveyance Transfer Services, Record Retrieval Department, and National Deed […]

Tax advice to take to the bank

~ By Gerald Rome, Colorado Securities Commissioner ~ Oh boy, it’s that time of year again: tax season. But something is different these days. It is difficult enough to get your records together and get your return in on time. But over the last few years, we have been hit with an onslaught of tax-related […]

A Special Birthday Reminder

~ By Gerald Rome, Colorado Securities Commissioner ~ March 3rd marks a special day here in the securities world, though it’s not necessarily a cause for celebration. That’s because March 3 is the birthday of the most notorious securities fraudster to date, who even earned a self-titled scam. That man, of course, was Charles Ponzi.

A Stitch in Time Saves Nine

~ By Gerald Rome, Colorado Securities Commissioner ~ I get it, all the paperwork that comes in the daily mail, along with all the junk mail, can get overwhelming. Often it’s even tempting to simply chuck the documents from your financial adviser onto a pile or into the garbage. But we all know there is […]

Don’t Accidentally “Gift” Someone Your Identity

~ By Gerald Rome, Colorado Securities Commissioner ~ The holidays are always a busy time, and can include lots of trips to the mall and online shopping. Often, people don’t take the necessary time to protect their identity and information when they’re preparing for gatherings of family and friends. That’s not good considering it is […]

Protect Yourself From Online Charity Scams

~ By Justin Lavelle ~ Unfortunately, this time of year is prime time for charity scams. Many of us will be making our end of the year charity donations and scammers know this. Before you think your money is going towards a noble cause, make sure it isn’t going into the hands of a real-life […]