I found a fun quiz, courtesy of Finra.

Finra is the Financial Industry Regulatory Authority. It looks over the shoulders of brokers and tries to keep them in line, along with other regulators at states and at the Securities and Exchange Commission.

The quiz is the Scam Meter. I took it and my results were Four Red Flags waving at me that the investment might be a fraud. All I had to do was to answer a few questions about who was selling it and what kind of promises were made.

There are other fun things going on at Finra’s site, www.saveandinvest.org. You’ll find Finra alerts there – these are useful bulletins that let you know which investments you should make you wary. There’s discussion of the psychology used in selling and how you can fight against it. There’s even an audio clip of some of the sales pitches for bad investments.

Think you won’t fall for investment fraud?

A Finra-funded research report says college-educated, above-average income and financially sophisticated people are prime targets for investment fraud. That might mean you.