New Mexico residents reported more than 10,600 cases of fraud to the Federal Trade Commission in 2025, resulting in losses of $50.7 million. As National Consumer Protection Week takes place from March 1-7, the New Mexico Securities Division is emphasizing the importance of learning how to avoid, report, and recover from scams and investment fraud.
National Consumer Protection Week is an annual event sponsored by the Federal Trade Commission during the first week of March. The initiative involves collaboration among federal, state, and local agencies as well as private and nonprofit organizations to provide resources and educational materials aimed at helping investors avoid scams and protect their finances.
“An informed and protected investor is essential as financial markets evolve and digital assets continue to develop,” said Benjamin Schrope, acting director of the New Mexico Securities Division. “With New Mexicans losing millions each year to fraud, National Consumer Protection Week is a great time to review what you know about fraud and learn how to avoid becoming a victim to today’s sophisticated, technology-driven scams.”
The Securities Division works to safeguard investors by ensuring that investment brokers and advisors comply with regulations. The division also prosecutes individuals who break securities laws or commit fraud. Community outreach is another focus area; the division shares informational resources, holds ongoing outreach events in both English and Spanish, participates in interagency roundtable discussions, and speaks with civic groups about preventing fraud.
During this week dedicated to consumer protection, the Securities Division urges New Mexicans to take steps toward safeguarding themselves against financial scams.
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