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Showing posts with the label investment fraud

7 Effective Strategies for Dealing with High Pressure Telephone Sales Tactics

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  by: Ivan Cavric High pressure telephone sales tactics can be frustrating and overwhelming, especially if you’re not prepared for them. These tactics are often used by telemarketers and salespeople to try and convince you to make a purchase or sign up for a service. However, there are a few steps you can take to avoid falling victim to these tactics and protect yourself from making a decision you might later regret. Recognize the tactics:  One of the first steps to avoiding high pressure sales tactics is to recognize when they are being used. Some common tactics include: Limited time offers: The salesperson may try to pressure you into making a decision by saying that the offer is only available for a short period of time. Urgency: The salesperson may try to create a sense of urgency by saying that there is a limited quantity of the product or service available. Scarcity: The salesperson may try to convince you that the product or service is rare or in high demand, which can ...

Protect Yourself from Investment Fraud: How to Avoid Being a Victim of a Pump and Dump Scheme

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  by: Ivan Cavric    Pump and dump schemes are a type of investment fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. These schemes often occur on the internet through various forms of communication, including social media and messaging apps. Pump and dump schemes are illegal and are considered securities fraud by the US Securities and Exchange Commission. They can be harmful to individual investors who may purchase stock in a company that is being pumped, only to later lose money when the price drops after the dump. Here are some tips to help you avoid being a victim of a pump and dump scheme: 1. Do your own research: Don’t blindly trust recommendations from unfamiliar sources, especially if they seem too good to be true. Instead, take the time to research the company and its financial health on your own. Look at the company’s financial s...