Investment scams are usually fraudulent schemes that promise high returns on investment but are actually designed to steal money from unsuspecting investors. There are three main types of investment scams: a totally fictitious investment which doesn’t exist, the investment exists but the scammer takes the money instead of putting it in the opportunity, and a genuine investment but the fraudster provides false information to mislead investors. To avoid falling victim to an investment scam, you should be wary of opportunities that offer high returns at little or no risk. Always ask, check and confirm before you invest.
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