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One of the growing and popular industries today is the investment sector in the financial aspect of any country’s economy. The idea of investments dates back as far as the 18th century in the Dutch Republic. It was during this era that we made the first recorded financial investment. Over the years, this has taken a great shape, with investment becoming another source of income for individuals, organizations, and even countries. As expected with every positive opportunity that comes about, there are always pitfalls established by unscrupulous individuals or organizations to extort money from unaware victims who fall to their schemes. The purpose of investment is to put an amount of money to use and eventually reap some profit from this venture. This article will look at what investment scams are, the types currently being used, and how to avoid this pitfall.
If you are a victim of an investment scam, you probably feel ashamed, helpless, and devastated. Know that this can and has happened to the best of us. What happened to you was a violation of your trust, and we understand just how you feel and what to help.