By: Jeanine Ibrahim | Producer / Writer
With the price of gold rising steadily, as recently as this week, the popular mindset of its safety and value has been around since before the Gold Standard backed the U.S. dollar. But before you get in on the gold rush, the Federal Trade Commission (FTC) wants you to beware of fraudsters looking to make a quick buck.
According to the FTC, complaints in the area of investment frauds, including precious metals, have increased sharply over the past three years. In 2011, the FTC fielded 7,657 complaints related to investment fraud, compared to 6,490 complaints in 2009.
