Investment scams target individuals looking to grow their wealth by offering fake or high-risk opportunities that promise high returns with little risk. These scams can occur through fake investment platforms, misleading financial advice, or fraudulent schemes.
Key scams include:
Ponzi Schemes: Fraudulent investment plans where returns are paid to earlier investors using the capital of newer ones.
Fake Cryptocurrency Investments: Fraudsters promoting nonexistent crypto investments with promises of huge profits.
Pump and Dump Scams: Manipulating the price of stocks or cryptocurrency to benefit scammers before crashing the market.
Learn how to identify red flags in investment opportunities and protect your financial future. Read our full guide below to avoid falling victim to investment scams.
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