Thursday, September 01, 2005

Katrina-related Scams

In the aftermath of the greatest national disaster in our lifetime, Americans are responding in all kinds of ways -- most of them very positive. However, just like some in New Orleans are taking advantage of the situation by looting, others are undoubtedly scheming to relieve generous citizens of their hard-earned money.

If you want to make a financial contribution to an aide group, contact them yourself. Don't wait for them to contact you. Many of us with receive phone calls soliciting contributions to aide those affected by hurricaine Katrina. The best way to be sure that the charity is genuine is to call well-known and establised organizations, such as the American Red Cross.

Scams involving investments are also sure to proliferate. If you want to make an investment, contact as established broker. Don't send money to some character who calls you on the phone.

When in doubt, check out any unknown individuals or organizations

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