One of the ways con artists manage to lure victims into investment fraud
is to make the sales pitch about anything but the specifics of the investment
being offered. To avoid this “sleight of hand,” it’s
important that investors learn to recognize the signs that an investment
promoter is hiding something. Here is a little more information about
the types of
tricks investment con artists sometimes use to hide the truth about an investment:
- The promoter spends more time talking about his or her special qualifications
or innovative investment strategy rather than the investment in question.
- The promoter tries to convince you that “everyone else is doing it”
instead of talking about why the investment is a good fit for you.
- The promoter tries to pressure you into investing before you’ve had
time to do background research or verify the information you were given.
- The promoter focuses on the relationship you share or seems hurt when you
ask questions about the investment’s legitimacy.
Always remember that an investment that is right for someone else may not
be right for you. Make sure you understand how an investment works, the
risks, and how it fits in with your overall financial goals.
If you have already sustained investment losses due to fraud, speak with
investment fraud lawyers with Meyer Wilson today. We would be happy to review your situation, discuss
your options, and help you pursue the most effective course to recover
your investment losses. Give us a call today or simply fill out the confidential
online contact form on this page for more information.