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Navigating Financial Scams and Their Impact
This chapter examines the alarming rise of financial scams, with a focus on a Canadian investor whose identity was exploited, leading to significant losses for unsuspecting victims. It discusses fraudulent schemes like 'pump and dump,' illustrating how scammers deceive individuals into trading worthless stocks using misleading advertising. The conversation underscores the complexities of identifying these scams, the role of social media in perpetuating them, and the need for heightened vigilance among investors.
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