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2 by KShaw on 10-20-2009
The most common form of an investment scam is to use a long explanation of how the money will be helpful to you and to them. This can actually be false logic tricking you to believe that their investment is real.
Another thing is that a "Letter Of Credit" doesn't exsist and can't be purchased. If you fall for this you may lose a large sum of money.
Wow! What should I do if the person trying to get me to invest says that I can get large sums of money back when everything falls through?
Be wary of these statements and be sure to get all of the information first before wiring money or making a check.
Okay, I will.
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