Ashcroft Encourages Investors to Be Watchful of Scams Related to War in Ukraine

JEFFERSON CITY, MO – Missouri Secretary of State Jay Ashcroft urges Missouri investors to be cautious with any potential investment opportunities related to the war in Ukraine.

Ashcroft says investors should take steps to safeguard themselves from fraud and securities firms need to watch for cyber attacks.

The Missouri Securities Division says to be skeptical of investment opportunies linked to the headlines, including both the Ukraine situation and the rising costs of energy and fuel.

Investors should do their homework before handing money over to possible unscrupulous promoters. Investors who are concerned about retirement accounts may be targeted.

Also make sure to regularly monitor accounts and take steps to protect your financial data.