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CARSON CITY, Nev. (KTNV) — Nevada Secretary of State Cisco Aguilar is highlighting cryptocurrency and romance scams as the top threats to Nevada investors in 2022.
The Securities Division of the Secretary of State’s Office is urging Nevadans to be cautious of high-risk, high-reward investment schemes that may appear online. Additionally, as we approach Valentine’s Day, to be wary of new romantic partners urging you to invest in opportunities where you are pressured with immediate deadlines, and promised guaranteed, high returns.
“Fraudsters often prey on our most vulnerable communities, and we want Nevadans to know the warning signs before offering up their personal data and potentially losing money and confidentiality,” said Secretary Aguilar. “In an effort to curb threats against an individual’s security in 2023, we want to bring awareness to the biggest threats facing Nevadans today.”
These Nevada fraudsters were also amongst the top 2022 threats were determined by a survey of securities regulators conducted by the North American Securities Administrators Association. The annual survey is designed to identify the most problematic products, practices or schemes facing the public. The following were cited most often by state and provincial securities regulators:
“Every day in the Securities Division, we’re working to help victims of fraud find justice and help bring awareness to our most vulnerable populations to prevent these attacks that can have devastating impacts on their personal finances,” said Erin Houston, Deputy Secretary of State for Securities.
If you believe you have been the victim of securities fraud or would like the Securities Division of the Nevada Secretary of State to investigate a potential violation, you can file a report online here.
The public is urged to practice the following tips to identify and avoid investment scams:
To learn more about protecting your information and investments, read our Nevada Investor Guide.
The information provided was released by A public information officer from the Nevada Secretary of State.
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