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Investment scams are deceptive practices that lure investors with promises of high returns and low risks. Scammers often use persuasive sales tactics, glossy brochures and professional websites to appear legitimate. They may promise guaranteed returns or opportunities that are 'too good to miss'. These scams often involve unregulated products like wine, art, diamonds or cryptocurrencies. Sometimes, they may use complex jargon to confuse potential victims. Other times, they create a sense of urgency, pressuring people to invest before a 'limited time' offer expires. Ponzi schemes are a typical example of an investment scam, where returns for older investors are paid by the funds of new investors. These schemes eventually collapse when there are not enough new investors to pay the older ones.