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May 25, 2005 -- A potential stop to military scams

Many soldiers and sailors have been getting ripped off for years on investments and insurance. They have been conned into buying mutual funds with commissions of up to 50 percent. This has been occurring for decades on military bases, but Clark wants you to know Congress has created proposals to stop these con jobs from continuing. Stories in The Washington Post and the New York Times have finally prompted our lawmakers to do something about this unfortunate trend. With the new policies, salesmen will no longer be allowed onto military bases. The financial companies are extremely upset because they will not be able to rip off the military customers anymore. But Clark is ecstatic about these new proposals. He wants you to know that if you are ever confused about any investment, do not spend your money on it. Do not invest in something until you understand it completely.

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