Fraudsters are rampant during the holiday season and are typically one step ahead of investors, luring unsuspecting people with their scams to generate more income.
While the scams are abundant, they range from identity theft to hyping up stocks which are not investment grade. Falling prey to these schemes is not uncommon as they become more commonplace.
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https://www.cnbc.com/2017/09/26/buyer-beware-the-top-10-investment-scams.html