“The oil spill in the Gulf of Mexico poses more than an environmental and economic threat to the region. It also poses a financial threat to investors in the form of scams promising financial gains from investments in companies that claim to be involved in cleanup operations.”

The Securities and Exchange Commission (SEC) and FINRA have issued an alert to warn investors about potential scams that exploit the Gulf oil spill and related cleanup efforts.

“While some of the companies touting their role in the cleanup may be legitimate, others could be bogus operations that are only looking to clean out unsuspecting investors,” the alert said.

The SEC already has suspended trading in shares of Green Energy Resources, Inc. (New York) and ACT Clean Technologies Inc. (Huntington Beach, Calif.) because of questions regarding the accuracy of statements made by the companies and their involvement in the Gulf of Mexico oil spill cleanup efforts.

Be an informed investor. Click here to learn more about how to avoid oil spill investment scams.