Fraud!

Library Journal

Bertrand (A Woman's Guide to Savvy Investing) reiterates the timelessness of that old saw for consumers: "If it seems too good to be true, it probably is." While the most recognizable of scams, such as roof and driveway coating, have been well publicized, those employed in criminal fraud rival their legitimate counterparts in the ways that they reinvent their business. Bertrand's contribution is in explicating the more contemporary frauds: dishonest stockbrokers, advance fee payments, telemarketing scams, and identity theft. While the consumer may be in some way responsible when fraud occurs, in identity fraud he or she is literally robbed blind. The value of the Bertrand book is in presenting means and sources for protecting and extricating oneself from many kinds of fraud. Recommended for general and business collections.--Steven Silkunas, Southeastern Pennsylvania Transportation Authority, Philadelphia Copyright 1999 Cahners Business Information.

Booknews

Tells how to avoid becoming a victim of fraud, using stories of real- life scams and candid interviews with state and federal regulators, victims of fraud, and actual con artists themselves. Discusses what fraud is and who perpetuates it, then looks at some targeted victims and examines various types of frauds, such as affinity fraud, pyramid schemes, and high-tech fraud. Discusses tools con artists use and how to combat them, and how to find trustworthy stockbrokers and financial planners. Bertrand has held executive positions at well-known investment firms. Annotation c. Book News, Inc., Portland, OR (booknews.com)