How "Phantom Riches" Cost $82k

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How "Phantom Riches" Cost $82,000

How "Phantom Riches" Cost $82k

There are phantoms that lurk in every investment scam also known as "phantom riches," they are the most common tactics fraudsters use to scam investors. Jameson Kauhi was lured by one of these phantoms, and the only thing it led to was an empty bank account. 

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Moneytopia - Deceptive Investments Tutorial: Avoiding Deceptive Investment Sales Practices

With the popularity of the internet and cell phones, old investment scams, such as Pump and Dump, as well as new schemes, are being pushed out to potential investors every day. But you can avoid becoming a victim by remembering a few simple rules.