The 3 Worst Types of Financial Scams People Keep Falling for Over and Over Again | by Desiree Peralta | Sep, 2022

Can we learn once and for all?

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When hearing about scams, most people think it is the common call saying they send you some money, that you win a lottery prize, or some random email to verify your account.

However, there are many types of financial scams, from selling you something inexistent to promising double your money in a good-to-be-true investment.

The ones that people keep falling over and over again are the ones that are presented as business or investment opportunities because they give you false hope of earning money fast.

And they are popular right now thanks to fast information consumption platforms like Tiktok and Twitter, where most people present themselves as “new millionaires” and make you believe that the formula for success is within reach of a click.

Here are the three worst types of them and how to be alert when dealing with your money.

Youtube once was full of them. Now Tiktok has a lot of them, and even Twitter and LinkedIn.

These scammers present themselves as gurus of some businesses and that they are currently earning between 4 figures per month to even six figures per year easily. The business is an opportunity everybody can do, but you have to buy a course from them to start doing it too.

The big problem here is when you buy a course, you realize it is something basic you could just google and that you probably won’t earn the money they promise you.

There are also courses about saturated markets like Amazon or eBay dropshipping,…

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