Worthless Stock: How to Avoid Doubling Your Losses

“Con artists across the globe have stepped up their efforts to rip off investors, especially non-U.S. residents who have lost money in the U.S. securities markets. The SEC wants investors to be extremely skeptical of offers to exchange worthless or poorly performing stocks for blue chips or “hot” performers. Our alert tells you how to spot potential “stock swap” scams, how to evaluate the offers you hear about, and where to turn for help.” This publication may be helpful to potential whistleblowers that are concerned their employer may be targeting investors by engaging in a stock swap scam.