PBS station KVCR in San Bernardino on Friday at 7 p.m. will air “Tricks of the Trade”, a documentary that shows how con men psychologically manipulate their victims out of their savings.
The film provides key insights on how to avoid becoming a con man’s next victim and features profiles of convicted con men, fraud victims, academic experts and securities regulators. You can view a short trailer here: http://www.saveandinvest.org/55Plus/Fraud/P118960.
The film, which aims to empower viewers with simple steps to protect themselves from financial ruin, was developed as part of the FINRA Investor Education Foundation’s Outsmarting Investment Fraud Program.
According to KVCR, last year consumers reported losing more than $1.7 billion in fraudulent investment schemes. As the nation prepares for a wave of retiring baby boomers, the station warns that con artists are looking for ways to crack into boomers’ 401(k) nest eggs.
EDC reports strong port traffic, but sluggish home sales
The Los Angeles County Economic Development Corp. this week reported that the ports at Long Beach and Los Angeles saw a “remarkable increase” of 25.6 percent in the total number of containers handled.
Activity at the ports is an important measure of health in the Inland Empire, since many businesses, particularly logistics, derive business from that activity.
On-location filming in L.A. County was also up 11 percent as of September, the group reported. Much of that strength was because of an increase in campaign ads.
It was a mixed bag, though.
Sales of existing homes fell sharply in the third quarter, with about 440,000 transactions. New home permits were up slightly for the year at 40,000 new permits.
Miller honored by small business advocates as entrepreneur
The Small Business & Entrepreneurship Council has designated Rep. Gary Miller, R-Brea, as a Champion of the Entrepreneur for his outstanding score on the “Small Business Scorecard for the 111th Congress,” which is the highest scorecard ranking.
The SBE Council’s scorecard is based on votes that impact small business and entrepreneurship.
Miller said he will keep working to lower taxes, increase access to health care and reduce “government intrusion.”