NJCFE Hosts Free Financial Literacy Roundtable on Top Security Frauds in NJ

MANALAPAN, N.J. – The New Jersey Coalition for Financial Education (NJCFE) held a free Financial Literacy Roundtable at Navicore Solutions on Friday ahead of its board meeting. The keynote speaker, Christopher Gerold, Chief of the NJ Bureau of Securities, introduced attendees to the Bureau, explaining that its purpose is to protect investors from investment fraud, and regulating the securities industry in New Jersey. He then went on to list and explain the top 10 security frauds consumers should be aware of...

  1. Promissory NotesNJCFERT120718
  2. Crypto Currencies
  3. Real Estate Investment Scams
  4. Private Offerings from Accredited Investors
  5. Pre-IPO Shares
  6. Brokers Targeting Seniors
  7. Proxy Trading Accounts
  8. Self-Directed IRAs
  9. Penny Stocks
  10. Variable Annuities

Gerold explained that the NJ Bureau of Securities is focusing on educating consumers across the state through various events.

Members of the NJCFE board then reviewed its 2018 accomplishments and discussed plans for 2019, including a board retreat, a proposed calendar of 2019 events, and more.

The next NJCFE event will be a free webinar titled Current Financial Issues for Financial Educators taking place on Wednesday, December 12th at 3:30 p.m. Registration is available here

To view and register for upcoming NJCFE events, visit www.njcfe.org.

The New Jersey Credit Foundation is a premier sponsor of the NJCFE and its support makes events like this roundtable possible. New Jersey’s credit unions are encouraged to take advantage of the NJCFE’s free financial literacy programs to help them better serve and educate their members.