The article discusses the prevalence of investment scams and the techniques scammers use. Despite the changing methods, the nature of scams remains consistent, often exploiting human weaknesses, such as the misconception that one can profit without fully understanding investments. The author reflects on a hard sell marketing pitch they received, highlighting the importance of recognizing high-pressure sales tactics and the potential for scams in business investments.
But my friend's question was an excellent reminder of how easy it is to fall victim to investment scams, whether you're investing in your business or your nest egg.
While the methods scammers use to reach their targets are constantly changing and evolving, the actual scams have remained basically the same.
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