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Kathy Stokes: Why Investment Fraud Is Growing by Leaps and Bounds

The Long View

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The Rising Tide of Investment Fraud

This chapter explores the significant increase in investment fraud, particularly emphasizing the alarming $10 billion losses reported in 2023. It discusses the emotional manipulation tactics employed by scammers, especially targeting older adults, and sheds light on the role of organized crime and technological advances in enhancing scam sophistication. The chapter also highlights the shifting landscape of investment vulnerabilities due to changes in retirement systems and market trends.

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