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What are some common signs of an investment scam? Many involve real estate, cryptocurrency, financial coaching, or gold. Typically, the company uses words like proven and guaranteed, along with testimonials from people saying theyre on the other side and have benefited wildly.
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Learn the signs of common investment scams to help you keep your money safe. In some cases you could lose most or all of your money. When it comes to investing, if something sounds too good to be true, it's usually a scam. As you build an investment portfolio, safeguard your assets by staying vigilant for potential scams.
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If you spot a scam, don't hesitate to report it to the federal trade commission. Scammers often promise to help you get rich with little or no risk. They can make an investment scam seem appealing with fancy websites, videos, or images of lavish lifestyles. But theres no such thing as high guaranteed investment returns, and every investment involves risk. If youre someone who actively invests or is interested in getting started, its important to be able to differentiate between legitimate investments and investment scams.
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