How Do You Spot The Investment Telemarketing Scam?
The investment telemarketing scam is a popular scam perpetrated by scammers who willfully try to defraud consumers over the phone. Scammers use popular current and profitable items to try and lure consumers into the scam. Receive an offer to invest in something. Offers can come from a telemarketer, through email or via the Internet. You may also find investment offers in newspapers, in the backs of magazines or on a television commercial. Inquire about the ad. Depending on the investment offer’s medium, either you will need to call the scammer or the scammer will contact you. Learn about the investment through a pitch. Common items that scammers try to get consumers to invest in are coins, gems, artwork, precious metals, oil, and financial investments such as stocks, bonds, margin and cash accounts, mutual funds and certificates of deposits. Investment scammers use anything capable of returning high profits to try and bait you. Doubt their dubious claims. Scammers may claim that there
