Spotting Investment Scams: BDO Foundation and the SEC Guide Filipinos
Check with SEC . The video not only identifies red flags of investment scams but also encourages viewers to check with the SEC before sealing an investment deal. Investment scams are becoming increasingly sophisticated, making it harder to distinguish genuine opportunities from fraudulent ones. The adage "if it sounds too good to be true, it probably is" remains crucial, but discerning legitimate investments requires vigilance. This is where the BDO Foundation and the Securities and Exchange Commission (SEC) step in to help Filipinos navigate the complex world of investing safely. This is a challenge the Securities and Exchange Commission (SEC) and BDO Foundation are trying to address through a partnership project. The two organizations recently released two entertaining and educational investor protection videos titled “Check with SEC” and “Legit Investments? It’s a Date.” The short videos reveal potential investment red flags, teach viewers what questions to ask and how t...