Scams In Hurricane Florence’s Wake
In the wake of widespread damage caused by Hurricane Florence, Secretary of State Connie Lawson cautioned investors to watch out for opportunistic investment or charitable scams. Secretary Lawson recently reminded investors to watch for red flags of hurricane-related scams, including unsolicited email, social media messages, crowdfunding pitches or telephone calls promoting investment pools or bonds to help storm victims, water-removal or purification technologies, electricity-generating devices and distressed real estate remediation programs. Scam artists may linger long after the storm has passed to prey on victims who anticipate receiving large lump-sum insurance settlements for damaged property and other losses. Secretary Lawson
