10/23/2013 10:20 am ET

Scammers Targeting Your Retirement Funds


At a time when it’s almost impossible to earn much interest on bonds, and equities seem too risky, some retirement savers are investing their individual retirement account in nontraditional investments. But beware of schemes that threaten your retirement, particularly self-directed IRAs.

The North American Securities Administrators Association (NASAA) reports that scam artists pitching self-directed IRAs is now among the top 10 threats facing investors today.

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