There are more scams on the go than just the high profile ones that you read about in the paper. Madoff is a very large example of some of the smaller schemes that proliferate online and offline.<\/p>\n
There are far too many con artists out there these days to really take anything for granted any longer. You can thank the recession for that as more people try to find ways to make money. Let\u2019s face it, investors are looking to recoup their losses somehow and on the other side of the fence, there are con artists just salivating to divest them of their money.<\/p>\n
Be on the lookout for scams like the Ponzi scheme which dangles the golden promise of high returns in front of investors. This one works by taking funds from new investors and then paying off the first investors in the pyramid until it ultimately collapses. In the Ponzi, virtually (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" There are more scams on the go than just the high profile ones that you read about in the paper. Madoff is a very large example of some of the smaller schemes that proliferate online and offline. There are far…<\/span><\/p>\n