Are you thinking about investing in precious metals? The Commodity Futures Trading Commission (@CFTCSmartCheck) has created True Fraud Stories, a video series that tells cautionary tales for investors. In this video, a military veteran with an advanced degree in business describes his negative experience with a fraudulent silver commodity investment firm.

The CFTC encourages all investors to check the registration status of their broker on SmartCheck.gov. Learn more from the CFTC about why gold isn’t a safe investment and the risks of buying precious metals.