Watch out for investment scams

When you invest, you'll find that knowledge is power. The more you know about your investment choices, and who is offering them, the better prepared you'll be to make good decisions. And this diligence can also help protect you against investment scams.

How widespread is this activity? Consider this: Investment fraud losses totaled more than $4.5 billion in 2023, according to the FBI's Internet Crime Report.

Here are some common types of scams:

• Cryptocurrency – Not all cryptocurrency offers are scams, but many are. The scammers will contact you via social media, claiming they've made a lot of money in crypto and are willing to help you do the same. They may direct you to a website or app to invest, but the "company" taking your money may not even exist, and, after taking your money, may disappear.
• Investment programs – These programs claim to have "proven" strategies that can enable you to get rich by investing in financial products. But these strategies are dubious at best and can cost you thousands of dollars that could otherwise go into an investment plan based on your goals, risk tolerance and time horizon.
• Real estate – Typically, a real estate scam tries to get you to invest in a "world-class" or "luxury" property development, but these properties may take years to build, if they're built at all. Also, various real estate "seminars" claim they can teach you how to get wealthy by buying and selling real estate, but these programs are expensive and usually worthless.
• Gold and other precious metals – Scammers who call themselves "rare coins" merchants may try to sell you gold coins, bullion or other types of precious metals, claiming that these assets will always go up in value (which isn't true) and that "now is the best time to act." You can find legitimate ways to invest in precious metals, possibly through mutual funds, but you'll need to determine whether these assets can be an appropriate part of your investment portfolio.

So, how can you avoid these scams? Here ae some suggestions from the Federal Trade Commission:

• Don't be pushed into snap decisions. Scammers will pressure you to act quickly because "space is limited" in an investment offering or a "special deal" won't last long. If someone won't give you time to consider an offer, it's not worth considering.
• Be suspicious of "risk-free" claims. All investments carry risk, and no variable investments can claim to provide "guaranteed returns." If an individual or organization downplays the risk of an investment and doesn't want to provide risk disclosures, just walk away.
• Ask about licensing or registration. Legitimate investment professionals must be registered with the Financial Industry Regulatory Authority (FINRA) and be licensed by your state's securities regulator before they can sell you any investment product. You can check the status of an individual or firm by using FINRA's BrokerCheck tool at brokercheck.fina.org.
• Do some research. You can search online for the name of the company or individual offering you an investment opportunity. By entering terms such as "review," "scam," "fraud" or "complaint," you may well find that other people have experienced problems or been victimized.

To achieve your financial goals, you'll likely need to invest for decades — so, be wary of scammers who claim to offer a shortcut to success.

Clarksburg Students Write in Support of Rural School Aid

By Tammy DanielsiBerkshires Staff
07:25AM / Sunday, March 15, 2026

Mason Langenback calculated that Clarksburg would get almost $1 million if the $60 million was allocated equally.

CLARKSBURG, Mass. — Eighth-graders at Clarksburg School took a lesson in civic advocacy this week, researching school funding and writing letters to Beacon Hill that call for fully funding rural school aid. 

 

The students focused on the hardships for small rural schools and their importance to the community — that they struggle with limited funding and teacher shortages, but offer safe and supportive spaces for learning and are a hub for community connections.

 

"They all address the main issue, the funding for rural schools, and how there's a gap, and there's the $4 million gap this year, and then it's about the $40 million next year, and that rural schools need that equitable funding," said social studies teacher Mark Karhan.

 

A rural schools report in 2022 found smaller school districts cost from nearly 17 percent to 23 percent more to operate, and recommended "at least" $60 million be appropriated annually for rural school aid. 

 

Gov. Maura Healey has filed for more Chapter 70 school aid, but that often is little help to small rural schools with declining or static enrollment. For fiscal 2027, she's budgeted $20 million for rural schools, up from around $13 million this year but still far below the hoped for $60 million. 

 

Karhan said the class was broken into four groups and the students were provided a submission letter from Rural Schools Advocacy. The students used the first paragraph, which laid out the funding facts, and then did research and wrote their own letters. 

 

They will submit those with a school picture to the governor.