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Fraud College to Convene at UVU

18 June 2010 3 Comments

June 18, 2010
For Immediate Release

For more information: Brad Baker (801) 930-6500
University Marketing & Communications: Mike Rigert (801) 863-6807
Written by: Karissa Neely (801) 863-6351

A long laundry list of unethical and fraudulent business practices hatched by unscrupulous perpetrators has surfaced to take advantage of consumers during the current economic recession. But there is hope. The founders and sponsors of Fraud College, an informational consumer protection conference, hope to educate and empower community members to minimize instances of fraud in the community.

The special conference will be held at Utah Valley University’s Campus Ballroom in the Sorensen Student Center on Wednesday, June 30, from 8:30 a.m. to 4:30 p.m. Fraud College is free to the public, and a free lunch will be provided to all registered participants.

The purpose of the conference is to educate the public on fraudulent practices occurring in local communities, and help residents avoid becoming victims of fraud. A major focus of the conference will be to increase public awareness of the various categories and strains of fraud being perpetrated today. Speakers will equip attendees with critical information on current deceptive behavior, schemes and trends.

Panelists will include experts from the FBI, Securities and Exchange Commission, and other financial and legal organizations as well as local academic and religious leaders. Locally and nationally known speakers will speak on critical topics that include spotting fraud markers and widespread schemes. Carolyn Jessop, author of “Escape,” will also be a featured speaker on the topic of how to say no in pressure situations. Other speakers will share information from interviews with ex-cons on how they “size-up” a potential victim. Also, a prominent psychiatrist will give attendees a glimpse into the mind of a perpetrator running a scam and will explain why certain people fall victim.

“In this era of proliferating deceptive investment schemes, Fraud College aspires to help the community speak with one voice; to support and educate the public, and to help people be more aware of the latest anti-fraud protection.┬áIn particular, the conference will enforce the need to continually be vigilant about ways to protect and educate Americans,” said Brent Baker, co-founder of Fraud College and a securities lawyer.

Financial and affinity fraud continues to plague the state of Utah. Last year alone, fraud damaged the lives of over 4,000 families in Utah. The impact to Utahns from these losses approached $1.5 billion. This growing epidemic is alarming enough that Utah’s Department of Commerce provided Fraud College a consumer education seed grant, and Gov. Gary Herbert will share his experiences as a business and government leader.

“Sound education and increased awareness are key to preventing Utahns from becoming victims of fraud,” said Gov. Herbert. “As part of this new Nationwide Fraud Watch, the state of Utah is taking a proactive approach to protecting our friends, neighbors and family members.”

Fraud College was conceived by brothers Brent and Brad Baker along with other investor advocates, and provides a non-biased center of information and community on anti-fraud awareness, including a Nationwide Neighborhood Fraud Watch that tracks the latest frauds.

Seating is limited for this free event and attendees are encouraged to register at www.fraudcollege.org. For additional information, contact Mike Deaver at (801) 230-0982 or mikedeaver@gmail.com. Parking is complimentary for conference attendees.

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3 Comments »

  • Brad said:

    Great release! Thanks again for your partnership on this important community event!

    Brad

  • William Kunsman said:

    I attended the UVU meeting on Jun 30. We were told that our
    written questions would be answered on the internet. Where…How?
    What steps can someone take to help indentify that their business
    is legitimate?

  • newsroom said:

    I would suggest you contact either Brad Baker or Mike Deaver. Their contact information can be found in the press release above.

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