Financial scams take more than
your money
The consequences of being taken
in by a scammer include three types of costs, according to a survey by the
Financial Industry Regulatory Authority's Investor Education Foundation. In
addition to the money lost in the fraud, victims generally incur legal and
other fees to clean up financial records in the aftermath. The third cost is
the emotional wear and tear. If you've suffered a loss from fraud that's left
you feeling vulnerable, seek assistance from community service groups that
offer support and counseling specifically designed to address your needs.
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