Secretary of State Warns of Alternative Energy Scams

The Secretary of State’s office is warning about alternative energy scams that could be coming to the state. Robin Carnahan says the rise in gas and oil prices brings a natural rise in the interest in alternative sources of energy and the investment in those alternatives. But Carnahan says it also brings scammers who are trying to rip-off investors. Carnahan says investors should first check to see if the investment is registered through her office. If it’s not, that should be a red flag warning. She says investors should also use some common sense. If it seems too good to be true, it probably is.