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PNS Daily Newscast - August 12, 2020 


Former VP Joe Biden picks Sen. Kamala Harris as his running mate; some schools have science-based metrics for open classroom instruction.


2020Talks - August 12, 2020 


California Sen. Kamala Harris will be on the ticket with Joe Biden in November. Four states had primaries yesterday, and two had runoffs. Georgia and Wisconsin appear to have improved since last time.

“Have I Got a Deal for You” – Fighting OR Investment Scams

April 21, 2008

Portland, OR – It's common knowledge that most people haven't saved enough for retirement, which makes it even more critical to keep safe whatever you have managed to sock away. Free seminars begin this week in Oregon on "Wise and Safe Investing." They're being offered in conjunction with AARP Oregon and Elders in Action, but you don't have to be a senior citizen to attend.

The seminars are in response to the growing problems of identity theft and investment fraud. AARP Oregon research indicates almost half of Oregonians over age 40 feel they're not knowledgeable about investing money, although many have multiple investments. AARP Oregon Director of Public Outreach Joyce DeMonnin says consumer groups and state agencies are hearing from more and more people - especially seniors - who are losing money to scams.

"I think when people are a little desperate, they may take risks that they may not ordinarily take. We're trying to help investors understand the difference between 'too good to pass up' and 'too good to be true.'"

Senior citizens have been particular targets for con artists, and the nation's current economic turmoil can make their pitches all the more tempting. If you've been taken advantage of, DeMonnin stresses that it is important to report it, to prevent it from happening to others. The scam artist, she adds, can be anyone from a relative to a reverend.

"The majority of perpetrators are people that you know, because those are people that you trust. It's people you trust who are able to convince you to sign over a power of attorney, or to invest in some kind of 'opportunity.'"

At the five-hour seminar, participants will hear speakers from the Federal Trade Commission and the Securities and Exchange Commission. Advocates also will be available to meet one-on-one with people who feel they might have been scammed.

This week's seminars are Tuesday, April 22, in Wilsonville at the Holiday Inn, 25425 S.W. 95th Ave., and Thursday, April 24, in Gresham at the Multnomah County East Bldg., 600 N.E. 8th Ave. Both begin at 9:30 a.m.; lunch is included. People are encouraged to bring documents they want shredded to the Wilsonville event from 8 a.m. to 10 a.m.

In May, seminars are scheduled for Bend, Eugene and Medford. Additional information is available by calling the AARP Oregon toll-free hotline, 1-866-554-5360.

Chris Thomas, Public News Service - OR