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An investment scam is a deceptive practice. It tricks people into investing their money with promises of high returns. These promises are usually false. The scammers use persuasive and manipulative tactics to lure victims. Often, the scammers will present a 'once-in-a-lifetime' opportunity. They will claim that it's a 'guaranteed' way to make money. The truth is, these scams are designed to take your money, leaving you with nothing. Investment scams come in many forms. Some common ones include Ponzi schemes, boiler room scams, and advance fee fraud. In Ponzi schemes, the money from new investors is used to pay old investors. Boiler room scams involve high-pressure sales tactics. Advance fee fraud asks for a small upfront payment to secure a larger return, which never comes. Always be cautious when investing. Do your research and seek advice from trusted professionals. Remember, if it sounds too good to be true, it probably is.