Monthly Archives: April 2021

COVID-19-Related Finance and Investment Scams

  The US Securities and Exchange Commission in December 2020 issued an investor alert warning about the rise in financial and investment scams. The SEC identified scams such as Ponzi schemes, fake stock promotions, fake CD scams, and community-based financial scams. Let’s dig deeper to understand these scams. Investment Scams Type 1: Ponzi Schemes Ponzi […]

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COVID-19 Clinical Trial Scams

  Manufacturers conduct numerous clinical trials to test the effectiveness of vaccines and treatments for the coronavirus. However, criminals also take advantage of these developments.  They try to dupe people into providing their personally identifiable information (PII) or sending them money, in the guise of enrolling the victims in a clinical trial. Therefore, if you […]

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