|
| |
Common misrepresentations and omissions
As a prospective investor, you are entitled to a full disclosure of all
material facts regarding the investment. Therefore, you should be aware of
common misrepresentations and omissions made by sales agents when they solicit
prospective investors.
Risks
Misleading and Deceptive Advertising Claims:
Recent ads placed by viatical issuers in Georgia newspapers promise
investors returns of 36% to 90%. Some issuers also falsely claim that their
products are “100 % secured, fully insured and bonded.” In most instances
bonds don’t exist or are provided by “sham” bonding companies.
| |
|
