Introduction
Investment scams are fraudulent or deceptive schemes, that are designed by fraudsters to deceive individuals and trick them into making investments that either do not exist or are misrepresented. These scams often prey on people's desire to grow their wealth or earn high returns on their investments.
These investment scams usually misuse the individual’s desire for wealth and earn good returns in a short time. The fraudsters operating such scams often promise high returns, exclusive deals, or insider information to entice individuals into parting with their hard-earned money. The fraudsters employ persuasive tactics, such as presenting fake credentials, testimonials, or financial reports, to make their offers seem legitimate and appealing.