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How Investment scam works

Updated: May 13

Don’t be a victim of an investment scam. It is easier than you think for crooks to con you out of your hard earned money if you let your guard down. Investment scams come in many forms, and the Internet has just made it easier and faster for these vultures to feed on investors tempted by the possibility of an “inside deal.” The people who run these scams range from the very crude and clumsy to the highly polished and sophisticated who wrap their con games in such an air of legitimacy it may be hard to see the truth.


What do these scams look like? There are many different types floating around the Internet, so it would be impossible to identify them all – besides a new one will pop up tomorrow.


What do these scams look like? There are many different types floating around the Internet, so it would be impossible to identify them all – besides a new one will pop up tomorrow.


However, there are some signs you can look for:


Someone you don’t know promises you an “inside” deal. Why would a stranger pick you out to make rich? Does that make any sense?


You are offered a can’t miss trading system guaranteed to make you rich. There is no such system – and if there were, why would anyone want to sell it?


Why get involved in a complicated scheme you don’t understand? There’s a reason you don’t understand it – it’s designed that way to take your money. Stick to opportunities that are legal and that you can understand.


Schemes come in many forms to separate you from your money. They all have one thing in common: very high returns. The sad truth is that many people fall for these schemes because their greed overcomes their reason.


Don’t let this happen to you.


Source: www.thebalance.com




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