Investment scams usually involve getting you to put up for a questionable investment – or one that doesn’ t exist In most cases, you’ ll lose some or all of your money.
Investment scams are often pulled off by a team of peop set up a makeshift office, called a“ boiler room”. To conv you their company is real, they might send you to the company’ s website, which looks very professional. They also set up a toll-free number and a respectable address t the company seem legitimate.
However, the company doesn’ t exist. Everything on the website is fake, and the office is just a post office box or temporary office. By the time you realize you’ ve lost you money, the scammer will have closed up shop and move another scam.