Hedges and Stings

A glowing description on the Internet of something called Guaranteed Returns Diversified Inc. says that it can accept only 17 more investors in its newest hedge fund. It predicts a return of 22 percent for the first three months and at least 32 percent later on. It claims that it will “seek out unconventional investment strategies” and that “all moneys will be safely held in offshore tax havens.”

Too good to be true? Well, yes. Click on the “ACT NOW” button and you will get the U.S. Securities and Exchange Commission saying, “If you responded to an investment idea like this, you could get scammed.”

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