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An investment scam is a scheme that promises high returns with little risk. These deceptive practices lure unsuspecting individuals with the promise of quick, easy money. Scammers employ a variety of tactics, from the use of professional-looking websites to well-crafted investment opportunities. Typically, these schemes promise extraordinary returns. They often claim to have insider information, a secret strategy, or a new technology that guarantees profitability. Fear of missing out is a common tactic used by scammers, pressuring potential victims into making hasty decisions. Scammers often target individuals with little knowledge of the financial sector; making it easier for them to fall prey to cleverly disguised, fraudulent schemes. These fraudsters are masters of manipulation; using psychological tactics to persuade their victims. The most common type of investment scam is the Ponzi scheme. In this, new investors' returns are paid using funds from subsequent investors. This cycle continues until the scam is exposed or resources are exhausted. Common promises made by scammers are, high returns, low risk and quick gains.