Minnesota Department of Commerce
Investor Education & Financial Fraud Prevention
85 7th Pl E, Ste 280, St. Paul, MN, 55101
Help to avoid scams with tools, tips, and warnings. Provides education to make informed investment decisions
Information is available on the following topics:
* All types of investment scams and traps
* Cryptocurrency information
* Investment analysts and what they do
* Keep your personal information safe
* Financial security in retirement
* Senior (older adult) investor education (Senior Safe)
* MNVest - investing in local startups and small businesses through crowdfunding
This provider does not offer this service at other locations.
Other Services or resources
Taxonomy Terms Used: Clicking a taxonomy term from the list below launches a new search.
DD-1500Consumer Complaints Definition
Programs that provide mechanisms through which consumers can register complaints regarding specific problems they are having with consumer goods and services, and obtain assistance in achieving a satisfactory resolution.
DD-1800Consumer Education Definition
Programs that utilize a wide variety of informational materials and techniques to increase the public's awareness of their rights and responsibilities as consumers of goods and services. The services may include information concerning federal and state consumer protection laws and regulatory agencies; advice regarding comparison shopping, use of consumer reports and buying guides, and other practices that help consumers make informed decisions and avoid problems before they occur; and education regarding the steps that need to be taken to resolve problems with unfair credit practices, defective products, shoddy repairs or workmanship or incompetent services.
DD-2100.2500Government Consumer Protection Agencies Definition
Consumer protection offices that are part of federal, state, county or city governments which receive, investigate and resolve through direct action or referral to law enforcement or regulatory agencies, consumer complaints that are a result of transactions in the marketplace. Most government consumer affairs offices also publish and disseminate a large selection of consumer education materials, initiate studies to improve standards of conduct for businesses and consumers, and analyze and recommend changes in consumer protection legislation.
FN-1500.2050Fraud Prevention Definition
Programs that help older adults, people who live alone and other vulnerable individuals become aware of the scams and con games that are most frequently used to induce victims to part with their money or valuables. Common scams include fraudulent prize offers, "free" travel packages that have hidden costs or which never materialize, "get rich quick" investments that turn out to be worthless, tax debt/refund scams, phony charities with names that are similar to well-known organizations and schemes involving promises to recover an individual's money following their victimization by another scam.