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An investment scam is a deceptive practice where fraudsters trick people into investing money. These scams promise high returns with little risk. The reality is, the money isn't invested at all. Instead, it's used to pay the fraudsters or earlier investors. Common types of investment scams include Ponzi schemes and pyramid schemes. In a Ponzi scheme, the scammer uses money from new investors to pay earlier investors. Pyramid schemes involve recruiting investors who then recruit more investors. Both types eventually collapse when they run out of new investors. Scammers use various tactics to lure victims. They may use high-pressure sales tactics, promise guaranteed returns, or claim to have insider information. It's important to be wary of these red flags. Always research before investing and seek advice from a trusted financial advisor. Remember, if an investment sounds too good to be true, it probably is. Protect yourself by staying informed and being cautious.