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channel 3 iconLast updated 5:52 pm CT November 20, 2009.

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Jesse White Says Investigate Before Investing

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WSIL-TV- A warning to people looking for a place to put their money.

Secretary of State Jesse White urges you to investigate *before* investing, "People are losing their jobs, living paycheck to paycheck, looking for ways to cut costs, the last thing Illinoisans need is to become a victim of fraud."

Each year thousands of people lose their hard-earned income mostly to unlicensed scam artists offering investment opportunities.

The secretary of state is launching a new public service announcement warning against such scams.

White says you can also check with the secretary of state's office to make sure you're dealing with a legitimate broker.

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