Investment scam warning

“5 Investment Scam Red Flags

• “Guaranteed” high investment returns, supposedly with little or no risk, and sounding too good to be true.
• Unlicensed or unregistered sellers. Use Investor.gov to check out the background of anyone offering you an investment in securities.
• Skyrocketing account values. Investments that appear to rapidly increase in value are often fake.

• Fake testimonials. Scammers often pay people to provide fake reviews, so never rely solely on testimonials in making an investment decision.
• Fake contacts. Take caution if someone approaches you through social media with an investment opportunity. Pretending to be a friend or to have a mutual acquaintance is a common tactic used to gain trust.” — Charles Schwab