Financial fraud is real and can be devastating. If you are a victim, you may be coping with the aftermath of a compromised identity, damaged credit and financial loss, and a painful range of emotions including anger, fear and frustration. You are not alone. Recent FINRA Foundation research found that nearly two thirds of self-reported financial fraud victims experienced at least one non-financial cost of fraud to a serious degree—including severe stress, anxiety, difficulty sleeping and depression.
If you believe you have been a victim of fraud, it’s important that you report the incident to the right organizations. Reporting the crime, no matter how small, helps law enforcement, regulators and government agencies put a stop to the fraud, prevent the victimization of more consumers and pursue the criminals.
To assist you, the FINRA Investor Education Foundation and the National Center for Victims of Crime created these free checklists covering four major areas of financial fraud—identity theft, investment fraud, mortgage and lending fraud, and mass marketing and other fraud—to provide step-by-step guidance to help you reclaim power from the fraudsters and move forward toward recovery.
Reporting Investment Fraud
Investment fraud generally refers to a wide range of deceptive practices that scammers use to induce investors to make investing decisions. Learn how to report investment fraud.
Reporting Identity Theft
Identity theft is a crime that involves the illegal access and use of an individual’s personal and/or financial information. Understand the next steps you should take to report your possible case of identity theft.
Reporting Mortgage and Lending Fraud
Traditional mortgage fraud includes situations in which homebuyers and/or lenders falsify information to obtain a home loan. Learn who you should contact to report your mortgage and lending fraud case.
Reporting Mass Marketing Fraud
Mass marketing and other types of fraud schemes are characterized by the use of false promises of cash prizes, services, goods, or good works in exchange for fees, donations, or purchases. If you believe you have been a victim, take these steps.