{"id":13301,"date":"2011-09-20T14:36:56","date_gmt":"2011-09-20T14:36:56","guid":{"rendered":"http:\/\/utu.org\/?p=13301"},"modified":"2011-09-20T14:36:56","modified_gmt":"2011-09-20T14:36:56","slug":"do-not-become-a-victim-of-fraud","status":"publish","type":"post","link":"https:\/\/www.smart-union.org\/do-not-become-a-victim-of-fraud\/","title":{"rendered":"Do not become a victim of fraud","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
Financial fraud can empty your life savings. Here are 10 steps suggested by best-selling author Charles Murray.<\/p>\n
\u2022 Something is promised that borders between reasonable and “too good to be true”;
\n\u2022 Victims typically know or know of the swindler;
\n\u2022 A sense of urgency exists;
\n\u2022 A cheat doesn’t want himself or the deal scrutinized;
\n\u2022 High-pressure sales tactics are used.<\/p>\n
There are many investment instruments including your own UTUIA annuities that are available in which to place retirement funds that can provide the necessary security and still provide a cash stream in retirement years.
\nIn speaking with a financial adviser, find out what their experience has been. Check their credentials and demand other client references. And never write a check directly to an individual. Your payment should be to the investment firm or to the investment fund itself. A request for direct payment to an individual is a big red flag!
\nRemember, your retirement funds represent a lifetime of savings, and there is no “do-over.”<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"
Financial fraud can empty your life savings. Here are 10 steps suggested by best-selling author Charles Murray. Every deal is a potential scam: Recognize that fraud is an act of deceit by one party intended to induce another to part with something of value. Map out your goals before shopping or investing: There’s a difference […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[41,18],"tags":[],"member_types":[],"acf":[],"yoast_head":"\n