Friends That Invest  cover image

Beware: Investing Scams and What to Look Out For

Friends That Invest

00:00

What Are the Key Characteristics of a Ponzi Scheme?

There's a few key characteristics of a Ponzi scheme. One would be they kind of assure you that you'll have real, real high returns and almost no risk with these investments. There's no legal paperwork available for the investor to examine. And also, it's extremely hard to get your money back.

Play episode from 09:38
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app