Month: February 2021

Month: February 2021

What is a Ponzi scheme?

If you decide to invest in something that promises extremely high returns with little to no risk, the investment may be a Ponzi scheme. These schemes get you to invest money, but the fraudsters do not put it towards another investment. Typically, the fraudsters take a...

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How can I spot an imposter broker?

Not every investor you talk to is legitimate. Some people have lost a lot of money because they handed money or personal information over to a person or company that turned out to be a scammer. As The Motley Fool explains, scammers have impersonated reputable brokers,...

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