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Jul 15, 2024 · What do you need to know to avoid investment scams? One big red flag is if someone pressures you to commit quickly. Scammers want you to act fast and might tell you that space is limited or that you’re getting a special deal that will expire soon.
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Signs of an Investment Scam. Knowing the tactics scammers use to lure people into investment scams helps you avoid them. Here are some signs you may be dealing with an investment scam: Scammers promise you’ll make big money, guaranteed income, or guaranteed profits or returns.
Jul 20, 2023 · If you get an out-of-the-blue call, text, or email about “an amazing investment opportunity,” it’s a scam. Walk away. Don’t believe promises that you’ll make money or earn guaranteed returns.
Aug 29, 2023 · All investments carry some degree of risk, but there’s a distinct line between a risky investment and a downright scam. Unfortunately, scams are prevalent. According to data from the Federal...
Mar 11, 2024 · If you’re an investment professional and have concerns that someone is using your name or information as part of a potential scam, contact your firm’s compliance department, and alert FINRA by calling the BrokerCheck hotline at (800) 289-9999 or emailing [email protected].
Aug 30, 2023 · While there are different types of investment scams, several common red flags can alert you to potential financial fraud. If you identify one or more of these with any investment opportunity, proceed with caution — your money might be at risk.
Oct 10, 2019 · Two simple steps can help protect you from being swindled in an investment scam: Check the background of anyone selling or offering you an investment and confirm that the person is currently registered or licensed. It only takes a few minutes using the free and simple search tools on Investor.gov.
