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  1. Investment scams: These are those “low investments and huge returns” scenarios, where people are tricked into investing money with promises of high returns, without financial risk. Lottery and sweepstakes scams : Scammers will often inform you that you’ve won a prize through a lottery or sweepstakes, and require you to pay an upfront fee ...

  2. Jun 30, 2021 · Published June 30, 2021 Updated July 21, 2021. Robinhood Financial, the online stock-trading app, was fined $70 million by the securities industry’s self-regulator on Wednesday for a series of...

  3. Jan 18, 2024 · The complaint also states that many Robinhood users were given access to advanced — and risky — options trading products, even when they identified as having no or limited investment experience.

  4. Jun 30, 2021 · Popular investing platform Robinhood has agreed to pay nearly $70 million to the financial industry regulatory authority (FINRA) to settle allegations that the brokerage caused customers...

  5. Is Robinhood a Scam? Is Robinhood a scam or a fraud? Is Robinhood a safe and legitimate investment firm? Robinhood BBB rating, stock trading app complaints. Is Robinhood Safe? Robinhood is a broker that needs little introduction.

  6. Feb 2, 2024 · Is Robinhood safe? Commission-free trades and a nifty mobile app made Robinhood a splash with investors. However, some wonder if it is safe to use, legitimate, or FINRA insured.

  7. Without either admitting or denying the charges FINRA’s investigation found that at certain periods going back to 2016, Robinhood negligently communicated false and misleading information...

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