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Characteristics of a High-Yield Investment Program
Below are some of the characteristics of a high-yield investment program. If you ever come across an individual, organization, or website that seems suspicious, here are some telltale signs that can help differentiate a scam from something legitimate:
- High-yield investment programs often promote unrealistically high returns to attract victims, such as promising more than 100% returns in one year.
- Scammers are usually not transparent about the business they are in or the transactions that occur to hide the fact that there is no real business and no actual profits.
- Scammers will be very vague about the investments that they work with, such as not being very clear about where the investor’s money is invested and how portfolios are managed.
- The website may not provide important legitimate details, such as contacts, terms and conditions, privacy policy, and legal disclosures.
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