(AP) -- A challenging economy and volatility in the stock market may be creating a bull market for investment scams.
State Commerce Department director Kimberly Zurz says whenever markets are up or down, con artists prey on the investing public. She's warning Ohioans to be wary of anyone claiming to offer quick ways to make up for recent losses in retirement accounts or other investments.
Zurz advises to be on guard against high-pressure pitches for unregistered securities and nontraditional places to put your money, such as foreign currencies or oil and gas investments.
State officials say it's best to hang up on aggressive cold callers and to delete spam e-mails for investment opportunities.
(Copyright 2008 by The Associated Press. All rights reserved.)
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.