Monday, February 2, 2009

Scam Watch: List of helpful Investor tools

Since there has been so much skulduggery and theft from investors, most recently and historically, from individuals and companies like your Doug Somers-Edgars, Eric Watsons, Bridgecorp, ANZ's ING and a whole host of other vagabonds and rogues, I thought it would be good to collect together a list of links to help the investor out there stop investing in something silly and if they have already where they can go to get help.


www.seccom.govt.nz - NZ Securities Commission: Report all dodgy investments.

www.sharescams.org.nz - Find out what share scams there are about.

www.sfo.govt.nz - Serious Fraud office.

www.consumeraffairs.govt.nz/scamwatch/ - Consumer scams.

http://www.fpia.org.nz/compdis-reso/complaintsproc.htm - Complaints to the institute of financial advisors.

http://www.eufa.co.nz/ - Exposing unacceptable practices website: principally set up to advocate for investors who lost money in fiance companies.

www.iombudsman.org.nz - Insurance and savings ombudsman.

www.bankombudsman.org.nz - Banking ombudsman.

http://www.consumeraffairs.govt.nz/businessinfo/cccfa/cccfa-regs-formula.html - Credit Contracts and Consumer Finance Regulations 2004

http://www.comcom.govt.nz/ - Responsible for enforcing the Fair Trading Act, the Commission's site has a guide to the act, and information about various scams which they have taken action on.

http://www.vcnz.co.nz/Scams.html
- Property scams outlined.

http://www.reinz.org.nz/reinz/index.cfm?80B3875D-959D-2F1D-48B4-BC1152088CE3
- Complain to the Real Estate Institute of New Zealand.

These links are helpful but of course the best thing you can do is do your own research before you invest that hard earned money.


Recent Share Investor Reading

Long vs Short: Fisher & Paykel Healthcare
Housekeeping: Google Translate


Related Amazon Reading

Madoff: Corruption, Deceit, and the Making of the World's Most Notorious Ponzi Scheme
Madoff: Corruption, Deceit, and the Making of the World's Most Notorious Ponzi Scheme by Peter Sander
Buy new: $10.17


c Share Investor 2009