scams on the stock market

5
In every industry, there are people out there who will try to scam you for money, the same goes for Wall Street.

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Post on 18-Jul-2015

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Page 1: Scams On The Stock Market

In every industry, there are people out there who will try to scam you for money, the same goes for Wall Street.

Page 2: Scams On The Stock Market

Free Lunch

Avoid the free lunch tactic. Fraudulent scammers will try to lure you into a lunch seminar where they will promise you triple returns when all they really do is take your money.

Page 3: Scams On The Stock Market

Penny Stocks

Scammers will use message boards, blogs and emails to trick people with low-priced, thinly traded securities. They will make it sound like it’s the next big thing to hit the market when in reality, they will just make off with your cash.

Page 4: Scams On The Stock Market

Cold Calls

If an alleged ‘advisor’ calls you and tells you everything you want to hear, it’s more than likely a scam. Scammers will say anything they can to make their deal sound like the best thing since sliced bread.

Page 5: Scams On The Stock Market

Verify Credentials

It’s extremely important to verify who you are choosing to work with on Wall Street. Verify all their credentials and financials because that’s a tip from Mark Matson. Scams are nothing but money pits and can cause trouble.