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Investment scams prey on the desire for quick financial gain. They often involve offers to participate in non-existent or fraudulent business ventures. Promises of high returns with little risk are common. Scammers seek to persuade through aggressive sales pitches or false testimonials from people claiming to have profited. These scams often use complex language and documentation to appear legitimate. They may even claim to be regulated or licensed, using forged credentials. The aim is to fool potential investors into believing their money will be safe and grow quickly. Once hooked, victims are encouraged to recruit friends or family. This tactic, known as a 'Ponzi scheme', relies on funds from new investors to pay returns to earlier ones. Once recruitment slows down, the scheme collapses, and most investors lose their money. Despite their sophistication, these scams can be spotted with due diligence. They often involve high pressure tactics, secrecy, and offers that seem too good to be true.