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An investment scam involves fraudsters tricking people into investing money in fake or deceptive schemes. Scammers often promise high returns with little or no risk. They may use persuasive language and fabricated testimonials to build trust. These schemes can appear as legitimate investment opportunities. Scammers might present detailed business plans or professional-looking websites. They often create a sense of urgency, pressuring victims to invest quickly. Scammers may also use social proof, claiming that many others have already invested successfully. They sometimes impersonate reputable financial advisors or companies. Victims may receive fake account statements showing impressive returns. Scammers typically disappear once they have collected enough money. Victims are left with significant financial losses and little chance of recovery.