National Consumer Protection Week is March 2-8, 2014

By Patricia Uceda, Spring 2014 Student Intern

The Investor Advocacy Clinic will be celebrating National Consumer Protection Week next week, March 2-8, 2014.  Join us for some consumer protection related blog posts and information all next week.

Consumer Protection Week is important because in order to have a solid financial future, you need to make sure you are wisely spending your money and not falling victim to common scams. National Consumer Protection Week is an educational campaign that encourages consumers to take advantage of their consumer rights and make better-informed decisions.

Interested in more information about banking, credit cards and debt, identity theft, scam alerts, investing, shopping and saving, and much more? Visit www.ncpw.gov to find out more and get involved!

For more information, check out this video with some more information about what National Consumer Protection Week is all about.

Be sure to visit our blog next week for more information.

Military, Money, and Making the Pledge

By Scott Evans, Spring 2014 Student Intern

military2In honor of Military Saves Week, a weeklong event run by the nonprofit America Saves and in connection with the Department of Defense’s Financial Readiness Campaign, we here at the Investor Advocacy Clinic are providing some basic saving and investment information to members of the military.  In this blog post, the advantages of starting to save early will be explained and military members will be encouraged to take the Military Saves pledge in order to get started. Continue reading

Students: Applications for the Clinic’s Fall 2014 Semester due March 14, 2014

To Apply.  GSU College of Law students interested in our Fall 2014 Investor Advocacy Clinic course should submit an application online.  Applications and all supporting materials are due no later than March 14, 2014 at 5:00 p.m.  Incomplete applications will not be considered, so please be sure to carefully read all directions and submit the necessary supporting materials to Professor Iannarone. Continue reading

Members of the Military: Beware of Affinity Fraud

By Dylan Donley, Spring 2014 Graduate Research Assistant

militaryYesterday we told you about some despicable frauds committed against service members.  While it is unclear whether the wrongdoer we introduced you to was actually a member of the military, scammers often seek to benefit from relationships and ties to groups to gain access to their victims, using a technique called affinity fraud.

Scammers using affinity fraud seek to manipulate the “esprit de corps” and trust that is instilled and emphasized in military personnel from the first day of basic training, and use it to their advantage.  They prey on the fact that it can be human nature to trust those that we know or that share characteristics with us.  In one particularly egregious case Continue reading

Don’t Let Your Military Status Make You More Susceptible to Scams

By Dylan Donley, Spring 2014 Graduate Research Assistant

saveTo kick off Military Saves Week 2014, this post will focus on recent fraud schemes committed against the military in the hopes of raising awareness and providing information on how to avoid being scammed.  Stop me if you’ve heard this one before:

On January 31, 2014, Vernon Matthews was sentenced to 4 years in prison for his role in defrauding military personnel and their dependents and stealing more than $200,000 through an investment scheme. Continue reading

Military Saves Week Starts Next Week

By Dylan Donley, Spring 2014 Graduate Research Assistant

military photoIn honor of Military Saves Week 2014, running from February 24 – March 1, 2014, our posts next week will focus on the military.  Be sure to check in with us starting on Monday to learn more about saving and investing, including investment schemes that have targeted service members.  Interested in learning more about Military Saves Week?  Visit Military Saves here.