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Potential fraud risk in commodity investments guidance
Washington AP reports many Americans seek commodity investments to hedge inflation but warn of fraud potential. The CFTC notes unscrupulous salespeople use fast talking tactics often over the phone. Before investing, require written representations and document conversations. Ask about registration, duration, reputable references, costs, commissions, losses, timing, storage, quotes, guarantees, and extraction methods.
MENTIONED IN THIS ARTICLE
Washington
Commodity Futures Trading Commission
Telehone
Commission