Avoiding investment scams
With the rise of social media, the lines between legitimate and illegitimate business tactics have been blurred. Business professionals are often in a rut in this down economy and are seeking any way possible to maximize returns and are often sucked into products that are fraudulent at worst and simply offer misleading returns at best.
It is also important for sales people to know these warnings so that none of these methods or phrases are used in business in an effort to garner sales- consumers are on the lookout for these red flags, so make sure to avoid looking like you’re giving off an obvious red flag, even if it is inadvertent.
Fraud is very serious and investment scams are rampant- awareness of these six steps can help any business owner or professional to avoid the pitfalls of throwing away their money.