InsuranceHeadline.com Home Headline Home Searh Insurance Directory Listings by State, City Zip Code or Detailed Keyword Search! Search News  Company IndexPost NewsPost News  Add Your Listings to The Insurance Phone Book! Advertise Manage Insurance Phone Book Directory ListingsEditor Login

Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Headline News | Life & Health | Property & Casualty | Financial & Investments | Banks & Thrifts | Syndicate News

1
Home L&H P&C F&I Post Feeds RSS Search

    


 Free Insurance & Financial Headline Newsletters - Subscribe Today!

Choose Newsletters

Daily Headlines

Weekly Headlines

Product Promo's

Job Offers

Enter Your E-mail

Advertising Options

Post Press Releases

Post Insurance Articles

Online Advertising

Newsletter Advertising

Company Sponsors

Resources

Insurance Newsletters

Company News & Stocks

Syndicate News

Sponsor Links

Industry Links

Archive
Su Mo Tu We Th Fr Sa
 1
 2  3  4  5  6  7  8
 9  10  11  12  13  14  15
 16  17  18  19  20  21  22
 23  24  25  26  27  28  29
 30  31

1




 

See your advertisement here

NASD issues investor alert on scam

by seattlepi.com - Jul 11,2006

WASHINGTON -- Securities regulators are warning people to be wary of a new investment scam that uses phony government agency Web sites.

The National Association of Securities Dealers, the brokerage industry's self-policing organization, issued an investor alert Tuesday regarding Web sites using -gov.us in the address, resembling the .gov.xx address of official government sites outside the United States.

The scam, through e-mail and faxes, mainly targets people outside America with investment pitches meant to get them to send money in advance of services rendered, the NASD said. The unsolicited pitch for stocks or other investments typically ends by sending the consumer to a fake government regulator's Web site.

In addition, the phony Web sites may use cookies - data files that allow a site to track visitors electronically - to gather personal information, according to the alert.

In the United States, all federal agencies' Web sites have addresses ending with .gov.

The NASD said it is aware of at least three phony Web sites using the scheme:


-Central Registry Regulators, which claims that the agency "administers and enforces the federal securities laws in order to protect investors and to maintain fair, honest and efficient markets." (A mission statement similar to that of the actual U.S. Securities and Exchange Commission.)

-National Mergers and Acquisitions Board, which claims "to oversee, administer and enforce the federal securities laws relating to corporate mergers and acquisitions."

-Board of Commissioners of Mergers and Acquisitions, which claims the same.

--

On the Net:

The investor alert, "'Dash' Gov Sites Part of Ploy to Dash Off with Your Money," is available on the NASD's Web site at http://www.nasd.com.

_____________________________________

THE ASSOCIATED PRESS

©1996-2006 Seattle Post-Intelligencer

 

Related news
Bankrate, Inc. Prices Offering of 2,345,893 Shares by PR-Newswire posted on May 06,2006
FBR to Pay Regulators $7.7 Million to Resolve Charges Related to Improper Short Selling of Compudyne PIPE Shares by Yahoo-Finance posted on Dec 20,2006
NYSE fines Wachovia $2.25M by Tampa-Bay-Biz-Journal posted on Sep 13,2006
New Report Scores Auto Insurance Web Sites by PRWEB.com posted on Aug 08,2006
How to Restore Confidence in Our Markets by The-Wall-Street-Journal posted on Oct 23,2008
Intel alert on US ‘Achilles heel’ by financial-times posted on Sep 27,2007
AAA Chicago Reminds Motorists to Be on Alert as Schools Open by Yahoo-Finance posted on Aug 21,2006
Homeless allegedly used in insurance scam by UPI.com posted on Aug 11,2008
4 Arrested In Auto-Insurance Scam by Editor posted on Jul 27,2007
Woman beats banking scam by SunHerald.com posted on Nov 03,2006
Did you enjoy this article? (total 0 votes)
   

Comments (0 posted) 


Headline Sponsors

Sponsor


Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Copyright© 2005-2007 Insurance Syndication, LLC

Powered by: InsuranceHeadlines.com

Free Link Exchange - Directory - SQL Database Hosting - Insurance PhoneBook

About Us | Privacy Policy | Terms & Conditions | Free Newsletters | Free News Feeds | Advertise | Company Sponsors | Insurance Links | Industry Links