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California was the destination for the various stock and investment fraud in the past. 2004 was a particularly devastating for investment fraud. The biggest fraud was committed, that an insurance agent securities fraud. This life insurance fraud and their customers . The insurance agent sells its customers a high risk investment products that they have no authorization for the sale. In return, the agents were given a large Commission during its customers lost their money. Other investment fraud that targeted California residents include: Senior Investment Fraud, Variable annuity scams, investment certificates business practices, Ponzi schemes, promissory notes notice scams, affinity fraud, viaticals, oil and gas installations.

This list of California stock fraud costs California residents millions of dollars. While these mainly from scams and fraud were identified as fraud in the year 2004, much of this fraud has been repackaged and redistributed to new victims after 2004. If you feel that you were the victim of a fraud of this investment or any other type of stock fraud, you should opt for a securities lawyer in your city. If you live in a city that does not have a securities attorney or an SEC lawyer, then you can in the cities of San Francisco, Oakland, or Los Angeles. When shopping for a lawyer, make sure you are on their training, their connections and their profit and loss account are. If you have a family attorney or an attorney, which your company "matters ask for a referral to the best securities lawyer in your area.

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