FINRA Investor Alert

An Investor Alert has been issued by FINRA in reaction to a, “phishing,” scam. Phishing is the attempt of a fraudulent entity to collect sensitive information while masquerading as a legitimate body. This particular email promises compensation from ARS settlements in exchange for personal information. The email, which appears to be from FINRA, claims to inform the recipient of regulatory actions. It states that the recipient is due $1.5 million regardless of their ARS investment or loss. As with other phishing scams, it then asks for personal information in order to complete the transaction. For more information on this Investor Alert please follow this link to FINRA’s website.