TDCI Cautions Investors to Watch for Scams in Wake of Hurricane Harvey
September 3, 2017
Nashville, TN – In the wake of widespread damage caused by Hurricane and Tropical Storm Harvey in Texas, the Tennessee Department of Commerce & Insurance’s (TDCI) Securities Division is cautioning investors to watch out for opportunistic investment scams.
“As we are seeing in Texas, natural disasters bring out the best in people, with neighbors helping neighbors. Unfortunately, we know from experience that disasters can also bring out the worst in people, particularly those seeking to profit from the misfortune of others,” said TDCI Assistant Commissioner for Securities Frank Borger-Gilligan.
