SAIF - Seniors Against Investment Fraud

Seniors Against Investment Fraud

The California Department of Business Oversight’s Seniors Against Investment Fraud (SAIF) program, established in July 2001, alerts and educates Californians over the age of 50 about financial and investment fraud, common scams, and unscrupulous sales practices that specifically target seniors. SAIF exists because seniors are prime targets for financial fraud and scams. The goal of the SAIF program is to empower seniors to make informed decisions about investments and finances.

SAIF empowers seniors by providing valuable information and resources to make informed financial and investment decisions. The SAIF message is disseminated through seminars and presentations at senior centers and other locations where seniors gather. For more information, see our schedule of events.

SAIF also empowers seniors to make more informed decisions about finances and investments with its booklet, “Protect Yourself From Fraud”. The booklet contains important information about making financial and investment decisions that can help seniors save money and avoid falling victim to financial fraud and scams. The booklet also contains a tear-out page with questions to ask a financial services professional, the “Check Before You Invest” form, along with a detailed resource guide.

Please contact the Department for information about scheduling a SAIF presentation in your area by calling our toll free number 1-866-275-2677. To order our education publications, email us at outreach@dbo.ca.gov or download pdf versions from our website. Also, please visit the main consumer section of the website.

An educated consumer is less likely to fall victim to financial fraud and scams!