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What is SAIF?
The Seniors Against Investment Fraud (SAIF) program is an innovative educational
outreach campaign with the purpose of educating and empowering West Virginia's
seniors on detecting, avoiding and stopping investment fraud, as well as
providing information on what to do if victimized.
Why SAIF?
Seniors are at the top of the investment fraud target list of the most
vulnerable to fraud for several reasons:
Accessibility & Isolation: Seniors tend to be home more often and are
more isolated from family and friends.
Trusting: Seniors tend to be more trusting more easily intimidated and
less apt to be rude.
Assets: Many seniors have a substantial amount of savings used to
supplement their retired living.
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How does SAIF Work?
The best way to combat consumer fraud is to become a knowledgeable consumer.
SAIF works from the grassroots level by enlisting and training volunteers from
all over the state of West Virginia. The volunteers are composed of seniors and
professionals who take an active role in spreading SAIF's message to West
Virginia's seniors.
SAIF's professional training consultants provide the volunteers with a
comprehensive training manual and materials to use when presenting educational
programs to seniors within their community.
SAIF Local Contacts
West Virginia Securities Commission
888-SAIF WVA or 888-724-3982
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