Bernie Madoff, Charles Ponzi and ‘The Wolf Of Wall Street’ are names to send shivers down the spine of the most seasoned investor.
Discover how they stole billions and learn how to protect yourself from Investment Fraud.
The FCA says investment scams can look and sound believable, making it hard to tell them apart from genuine investment opportunities. But there are ways to spot and avoid them, as you can see revealed on the FCA Website.
What Is Investment Fraud?
Often known as Stock Fraud or Securities Fraud, Investment Fraud a form of white-collar crime in which a person or company, such as a stockbroker, brokerage firm, company or investment bank misrepresents information that investors use to make decisions.
Arguably, these are history’s Top 10 Financial Fraudsters (half way down the page). Whilst thousands of people lost billions, it serves as a great lesson for every cash and SIPP investor to understand the different types of investment fraud.
Below is a very interesting graphic which is worth studying in detail.
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