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06/04/2012
Investment scams are getting more sophisticated and scammers are quite talented at deceiving people, resulting in more victims. “Investment scams can be one of the most difficult to recognize,” said Claire Rosenzweig, President and CEO of the Better Business Bureau Serving Metro New York.
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06/02/2010
When it comes to investment seminars, Better Business Bureau recommends researching the investment company first, rather than run the risk of falling for a financial siren song over a free lunch.
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05/01/2000
Advertisements for some day trading systems or advisory services make investing look like a virtual bonanza where everyone's a winner.
But if one thing's certain about stocks, commodity futures, options and similar investments, it's that they're uncertain. Any company that guarantees huge earnings is feeding you a load of "bull."
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07/01/1997
Fraud is always a possibility, even with secured, regulated investments. Before investing, ask tough questions, both of yourself and those who are soliciting your investments. If the answer to any of these questions is "no" — or if the answers are vague or complicated — more than likely the investment being pitched is a fraud.
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07/01/1997
To invest or not? That’s the question when a promoter calls with an offer that sounds like a sure thing. Fraudulent investment promoters lure consumers by claiming that the investment can’t miss. But the promise of big profits usually turns out to be a costly hoax.
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