Sheriff's Office warns, "Bad economy brings more scam artists" - Spokane, North Idaho News & Weather KHQ.com

Sheriff's Office warns, "Bad economy brings more scam artists"

SPOKANE, Wash. - If you have a phone, e-mail or even a front door, you are at risk to be scammed.

The Spokane County Sheriff's Office says criminals are wasting no time taking advantage of a bad economy and hoping people might be more susceptible to their ploy, because people are in need of an extra buck.

Bonnie Caro was one of a couple dozen people who showed up to the presentation that specifically talked about investment fraud, "I think we all have to be careful in that area," said Caro. "I saw this advertised on TV and thought it was a really interesting thing and thought it was beneficial."

Sheriff's officials say investment fraud is especially dangerous because these scammers aren't looking for a couple hundred dollars, but 20 or 50 thousand.

"Be a skeptic," said Deputy Travis Pendell. "If it sounds tempting or interesting have them send you information in the mail and then do your research. Check them out, run their name through an FCC website like fenra.org/brokercheck and it they're registered that's a good sign."

Deputy Pendell says if they're not registered, don't do business with them.

The Sheriff's Office will be holding another investment fraud meeting August 26, at 6:30 p.m. at the Spokane Valley precinct.

Cindi DeHoog
KHQ Reporter

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