Menu

Investing and Trading Scam Reminder

#common#scams#investment#investing#article
Reading 0:00
15s threshold

For those new to Reddit and to investing and trading - please be aware that social media platform like Reddit, Discord, etc. can be a vector for scams and fraud. This includes review sites such as Trustpilot and similar reputation sites.

Offers to DM should be viewed as suspicious.

Social media platforms continue to be a common method to recruit new investors to scams. - do not assume that an offer to "help" is legitimate.

There are many dozens of types of scams - a list of scam types can be found in r/scams in the master list here: /r/Scams Common Scam Master

Good explanation of pig-buthering here - Pig butchering - how to spot

Legitimate investment advisors do not use WhatApp, Telegram, Discord, etc. to provide tips. In the US - it is against regulation - specifically SEC Rule 17a-4 and FINRA Rule 3110.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.