0:00 If it sounds too good to be true... 0:02 Well, you know how this saying goes, right? 0:05 This is especially true when it comes to investments. 0:09 If you receive a pitch by phone, mail, or email 0:12 that makes incredible financial promises, 0:15 like high returns with a low risk, 0:17 you might ask yourself, "How is this possible?" 0:20 In most cases, it's not. 0:22 Hi, I'm Michael Martel. 0:24 United States Postal Inspector. 0:26 Investment opportunities or "get rich quick" schemes 0:29 are a favorite of fraudsters. 0:32 Whether they sell bogus securities or commodities, 0:35 oil wells or gold coins, 0:37 these fraudulent promoters try to get you to invest your money. 0:40 And lots of it. 0:42 Older Americans are prime targets because 0:45 they possess most of the nation's individual wealth. 0:49 Every year thousands lose between a few dollars 0:52 to their entire life savings to swindlers. 0:55 Even the most experienced investors can be caught up in a good investment scam. 1:00 The Bernie Madoff case is a perfect example. 1:03 So how do you protect yourself from these 1:05 investment scam artists who want to steal your money? 1:09 Take time in deciding to invest. 1:11 Don't rush into accepting these "high-profit, low-risk" offers. 1:16 Get all information in writing before you consider investing. 1:20 And check out the firm by calling the Better Business Bureau, 1:23 your state attorney general, 1:25 or consumer protection agency. 1:28 For more info on scams, visit uspis.gov.