What are the most common types of investment scams to watch out for
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AndersVaughan
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- Joined: Sat Nov 23, 2024 1:29 am
What are the most common types of investment scams to watch out for
What are the most common types of investment scams to watch out for
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MarianaMaldonado
- Posts: 40
- Joined: Tue Aug 20, 2024 2:37 pm
Respuesta
Sure thing! One of the most common types of investment scams is the "Ponzi scheme." Basically, it promises high returns with little risk, but it pays earlier investors with the money from new investors instead of actual profits. It sounds too good to be true, and usually, it is! Always be cautious if someone is pushing you to invest quickly or guarantees big returns.